1120S asset sales
Sale price of asset not showing up on Schedule K-1 for S-corp
1
1120
aAsYPIsoqqllvkab8P4pmk
02/10/09 8:58am PST
Viewed by asker 04/01/09 3:29pm PDT
Viewed by asker 04/01/09 3:29pm PDT
2 Replies
PhoebeRoberts
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02/10/09 9:19am PST
This is a separately-stated Sec 179 asset?
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07/23/09 12:21pm PDT
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I have the same problem. according to the instructions, if a 179 was passed through (which it must be) you do not use a 4797, you report it in Box 17 of the K-1 Box 17 is Other Information. I can map it from the TB to Other Information, but it doesn't show up on the K-1
