Question

I had ownership in two S corporations but I no longer own those shares as of December 31, 2019. Do I need to report this on my 2019 tax filings?

No text available

You would report the gains and losses attributed to you on the K-1s for the period you owned the shares.

You would also report the sale or other disposition of the shares.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

1 reply