rblmom12
Level 2
08-23-2021
05:10 PM
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Client sold business. I know that Goodwill goes on Sched D as LT Cap Gain, but am told by a fellow tax professional (using other-than-ProSeries) that I should be able to find a check-box on Sched D in 1065 to indicate that this is not a portfolio sale. ProSeries directed me to this Accountants Community site. Anyone have answers on this? (I've not been able to locate such a check-box in ProSeries.)
Best Answer Click here
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