kabbabkkg
Level 3

The only info i have is the family inherited a bakery that blonged to the father it has been closed since he died and they are selling.  My clients question was if they sell in 2020 but do not receive the proceeds till 2021 they will get a k1 which has been stated by the lawyers but my thinking is they will put on 2020 return i just need this verified that my thought is right before i get with my client

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