klillie
Level 2
09-04-2020
11:32 AM
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How to input an Instalment Sale of S Corp Business with only one share holder.
Buisness sold for 250k
Equipment and Fixtures 65k
Leasehold Improvements 20k
Goodwill 165k
Received 14k in principal
Received 4,550 in interest
Thank you for helping!
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George4Tacks
Level 15
09-04-2020
03:12 PM
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Also do IRS 8594
Here's wishing you many Happy Returns