About bobotax2020

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Re: cash liquidation for a S corporation

That's not true.....if the whole gain is 1250 gain then none of it will be on line 8a

bobotax2020

Updated May 29, 2020
Re: cash liquidation for a S corporation

Yep....readthis irs page

bobotax2020

Updated May 29, 2020
Re: Legacy Trust

these labels are tossed around all the time and don't mean anything. Living trusts are mostly revocable trusts that settlors set up for themselves while they ar...

bobotax2020

Updated May 04, 2020
Re: What to balance "Loan to Shareholder" with in Liabilities sectio...

i'd put it in RE because how else did the corp get the cash to lend to the SHLDR other than profit?

bobotax2020

Updated May 01, 2020
Re: K-1 Supplemental Information sheet with empty amounts?

Forget it....keeps coming up with the stupid 'product key removed' line

bobotax2020

3

Updated Apr 11, 2020

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Date Registered	‎April 5, 2020 6:14 PM
Date Last Visited	‎May 29, 2020 4:25 PM
Total Messages Posted	9

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