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Re: partner buyout

so partner 2 and 3 go to $0 for ending capital accounts and then -$50,000 goes to treasury?where is this on an s-corp tax return balance sheet?

btpfs

Updated Aug 08, 2024
Re: partner buyout

Sorry, this is taxed as an S-corp...So what to do about the capital accounts?2 and 3 = 0 and 1 = -150,000?

btpfs

2

Updated Aug 08, 2024

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Date Registered	‎August 7, 2024 5:33 PM
Date Last Visited	‎August 8, 2024 1:35 PM
Total Messages Posted	3

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