424179
I entered Sold as my disposition of assets, entered they had been inherited, I entered the date acquired and the date sold. I entered the sale price as a positive, the selling expenses as 0, the basis as larger than the sale price, and the s corp basis gain or loss as a negative (the difference between the sale price and the basis).
You'll need to sign in or create an account to connect with an expert.
Go to Tax Tools on the left, then Tools, Choose to View your Tax Summary then Preview my 1040.
Go to Tax Tools on the left, then Tools, Choose to View your Tax Summary then Preview my 1040.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
djpmarconi
Level 1
rkplw
New Member
jjon12346
New Member
user17550208594
New Member
user17550208594
New Member