hgtc
Level 5
11-30-2022
05:26 PM
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S Corp purchases stocks back from a shareholder, Where should I enter the amount of purchases (Treasury stocks) in Lacerte?
Thanks.
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abctax55
Level 15
11-30-2022
06:42 PM
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I'd go from line 26 "Less cost of treasury stock".
Be sure the state in question allows treasury stock as I believe some don't.
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