USA how/where to show sale of customer list on 1120-s

Joined
Mar 5, 2018
Messages
1
Reaction score
0
Country
United States
Sub-S Corp sold it's only asset (customer list) for 20k. How is this shown on the 1120-S tax return,
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,776
Messages
27,841
Members
21,815
Latest member
TrustBeneficiary

Latest Threads

Top