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    Where do I report the sale of a small corp on the 1120 tax return?

    robyn
    Level 1
    ‎04-26-2021 01:25 PM
     
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    2 Comments 2
    IRonMaN
    Level 15
    ‎04-26-2021 01:29 PM

    Depends on what was sold.


    Slava Ukraini!
    George4Tacks
    Level 15
    ‎04-26-2021 06:34 PM

    You don't sell a small corp. Either you sell the stock in the corporation, or maybe the corporation sells it's assets. Both would be reported in Dispositions.

     


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