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I would think it doesn't need to be paid out by cash or equivalent, because what you asked is the result of a wash, avoiding the banking. I found this for you (...
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Oh, let me play, too! "from the time she died until the time it was sold" What is that timeframe, and what happened with the property in between the death and t...
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You know if your taxpayer is a Statutory Employee: https://www.investopedia.com/terms/s/statutory-employee.asp If a regular W2 employee, then there is nothing i...
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Depending on what the items are, it's often best to put this as marketing expense. It's not COGS (because it wasn't sold) and the S Corp doesn't benefit from do...
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It needs to be noted, as @IntuitGabi should have pointed out, that TurboTax is not for you, a business, preparing tax returns for customers. It is a personal pr...