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M
mar4400
March 13, 2023
Question

How should I answer how my "describe s corporation disposal" if I dissolved a solo shareholder S corp with no property, 0$ for one stock and no remaining equity

  • March 13, 2023
  • 1 reply
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The S corp was for lab consult business with no property and single income from a sole vendor. I just distributed remaining balance to sole shareholder and dissolved. Simple S corp.

1 reply

M
MinhT1
March 13, 2023

You would describe the dissolution as Dissolution of a S-Corp without liabilities. Only asset was cash which was distributed to sole shareholder.

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