Section 338
Who has experience with a Section 338 transaction?
1
10897
ca8kom1Eqr3QjyacfA8pyY
Greg2412
Questions asked: 4
Questions answered: 1
Points earned: 1
Questions answered: 1
Points earned: 1
Certified ProAdvisor
Certified ProAdvisors have successfully completed an extensive and rigorous QuickBooks certification program.
11/20/09 6:55am PST
Viewed by asker 11/20/09 9:17am PST
Viewed by asker 11/20/09 9:17am PST
This post is closed to new replies
5 Replies
Mt Juliet CPA
Questions asked: 62
Questions answered: 13210
Points earned: 28460
Questions answered: 13210
Points earned: 28460
Accountant Community AllStar
Advisory council of Accountant community power users.
11/20/09 8:00am PST
The solution
Probably Phoebe
I salute all our current Military and our Veterans.
Greg2412
Questions asked: 4
Questions answered: 1
Points earned: 1
Questions answered: 1
Points earned: 1
Certified ProAdvisor
Certified ProAdvisors have successfully completed an extensive and rigorous QuickBooks certification program.
PhoebeRoberts
Questions asked: 80
Questions answered: 9027
Points earned: 33058
Questions answered: 9027
Points earned: 33058
Accountant Community AllStar
Advisory council of Accountant community power users.
11/20/09 8:58am PST
*snicker* at MJ.
Since I don't have the topics of all the code sections memorized, let me try to figure out what you're talking about. (My first guess, pre-Google, is electing to have a stock sale taxed as an asset sale.)
If I wanted phone calls, my phone number would be in my profile. If you have a question, post it in the applicable forum.
PhoebeRoberts
Questions asked: 80
Questions answered: 9027
Points earned: 33058
Questions answered: 9027
Points earned: 33058
Accountant Community AllStar
Advisory council of Accountant community power users.
11/20/09 9:03am PST
Hey, i got it right.
I've encouraged buyers to try to do it, but unless you have a seller whose tax attributes are favorable, you won't get agreement.
There's a decent explanation of when it makes sense here: http://www.vercoradvisor.com/a...
Did you have some specific question?
If I wanted phone calls, my phone number would be in my profile. If you have a question, post it in the applicable forum.
Greg2412
Questions asked: 4
Questions answered: 1
Points earned: 1
Questions answered: 1
Points earned: 1
Certified ProAdvisor
Certified ProAdvisors have successfully completed an extensive and rigorous QuickBooks certification program.
11/20/09 9:17am PST
Latest post
Thanks everybody...your input and additional research has provided what I need to know.
