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Self employed
You need to check the Final Return box on the form 1120 and file form 966 Corporate Dissolution or Liquidation. Also, if you took any special depreciation or section 179 depreciation on any business assets, you should indicate in TurboTax that you disposed of them in case there is any depreciation recapture that needs to be reported.
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March 31, 2022
11:52 AM