I have a S Corp client with two shareholders. The business started on 01/01/2018. In March one of the shareholder became severely ill and withdrew entirely 100% of his investment. They dissolved their S Corp on 03/31/2018. The other shareholder accepted all net operating loss in 2018. How can we handle their Schedule K-1? Can I prepare only one Schedule K-1 for the shareholder with NOL?

Thank you.

Tao Phan