S-corp includes a single rental property, I am the sole shareholder. divorce, transferred 100% to me personally and then to ex-wife at year end. How to show in Trbotx

alex10rjm · ‎June 6, 2019

How do I show the move from S-corp to me personally then to my ex-wife in turbo tax. I was told there is no tax effect because of the divorce.

IreneS · ‎June 6, 2019

Since the ownership of the property is just being transferred, don't report the transfer. Just report any rental income and expenses during the time you owned it.

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S-corp includes a single rental property, I am the sole shareholder. divorce, transferred 100% to me personally and then to ex-wife at year end. How to show in Trbotx

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