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I'm onboarding a new client that is a partnership that owns oil & gas investments. There is a carryover of Section 179 disallowed deduction on form 4562 from pr...
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Yes, the company bought out the shareholder.
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I have an S-corp client with three shareholders. One of them was bought out this year. The buyout is 50% cash and 50% note payable to the exiting shareholder. H...
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My client made a payout/distribution to his former partner in an s-corp. How do I report this distribution? The former partner was not an owner of the s-corp in...