kathyc2 Posted April 4, 2022 Report Posted April 4, 2022 Had anyone filed this for an S corp? I've always marked the final 1120S as final and never had any issues. An over zealous attorney is insisting it needs to be filed. Quote
jasdlm Posted April 4, 2022 Report Posted April 4, 2022 Was there a resolution to dissolve/liquidate? Quote
kathyc2 Posted April 4, 2022 Author Report Posted April 4, 2022 Highly doubtful. This is a one shareholder S-corp. Assets were sold mid 2020, SH disbursed money from bank accounts and returns were filed for 2020 and marked as final. Quote
schirallicpa Posted April 4, 2022 Report Posted April 4, 2022 I had to look it up. I have never used that but I have had similar 1 or 2 person s corps that weren't dealing with attorneys Quote
Slippery Pencil Posted April 5, 2022 Report Posted April 5, 2022 If the client's attorney is stating it needs to be filed, a resolution to liquidate may have been done. There are certainly legal reasons to file it. Ask the attorney why it needs to be filed. Ask the attorney why he didn't file it as part of the liquidation. 3 Quote
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