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P
Pos
Level 2
April 30, 2022
Question

How do you record on Proconnect using the sale of stock method, full business sold?

  • April 30, 2022
  • 1 reply
  • 5 views
In particular. how to handle the sale when it comes to accounting for all of the fixed assets?
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1 reply

abctax55
abctax55
Level 15
April 30, 2022

If the stock was sold.... the assets just tag along to the new owner of the stock. No reporting is needed on the Corp return.

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