Got it...thanks!I'll update the appropriate forms in the S-Corp return and generate a correct K-1 without the sale.I'll then have only one entry in my personal ...

To clarify, I dissolved the S-Corp at the end of 2016, which had 1000 shares of Capital Stock on the books from when I opened the company in 2008 with a $1000 c...

(**This update is also in a comment below the initial response)To clarify, I dissolved the S-Corp at the end of 2016, which had 1000 shares of Capital Stock on ...

Music to my ears!That's how I thought it should work, but needed verification.Thank you so much for the quick response.