Additional question: the business assets go to 6252, then to 4797, and then to the respective K-1's. In my example, the restaurant client (two shareholders 50-50) sold the business for $140,000 on an installment sale. They had tangible and intangible assets with net book value of about $74,000. I tried to fill out 6252 first, entered the net asset value but then what to do with the individual assets on the Asset Worksheets since their value was not determined individually; the entire business with everything included was sold.  Then I thought that I would enter the net book value as "sold" value first on the Asset Worksheets and tried to link it to 6252, but it was not allowable because the assets were considered sold at a loss. How do I handle the individual Asset Worksheets and not duplicate values? Thank you!

I am curious about what you do with the S-Corp in an installment sale of let's say 10 years?  Do you keep the S-Corp open?  How do you account for subsequent cash payments on the note?   Thank you very much, Eva

Dear itonewbie, Thank you very much for the response. I understand the nature of the RSU's.  My question was technical, meaning, whether I filled out the RSU worksheet correctly. I think, yes, because the results show no related tax liability since the client was fully taxed on the sold shares, which created a basis. Thank you again,

I have difficulty filling out Part VI for RSU's. Client had 55 Amazon RSU's. He sold 25 in June 2017 and then 21 in December 2017.  He was fully taxed by "sale to cover."  On 6/15/2017 - 25(b) I put 55 shares; in 25(g) I put 25 shares as the same number of shares sold paid for the taxes. On 12/15/2017 - 25(b) I put 55 shares; in 25(g) I put 21 shares as again, the same number of shares sold paid for the taxes. Are above entries correct? Another issue is that the client no longer works for Amazon, so his 2017 W2 does not reflect these tax payments, which for sure were made.  Shall I ask for W2's showing the stock tax deductions? Thank you for your help!