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Old 02-17-2004, 01:35 AM
Drew Edmundson
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Default Re: TurboTax Business Edition Question

Archie <archman1[at]fastnet.com> wrote:

- quote -

> I'm hoping someone can tell me if TurboTax Business has the
> ability to walk me through a sale of shares of an S-Corp.


snip

I seriously doubt it does. The professional version of TT
does not. The calculation can involve many factors so it
would be very difficult to build a one-size fits all
worksheet.

Drew Edmundson, CPA (NC)

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Old 02-13-2004, 04:00 AM
Archie
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Default TurboTax Business Edition Question

I'm hoping someone can tell me if TurboTax Business has the
ability to walk me through a sale of shares of an S-Corp.

My brother who owned one half of the corporation sold his
shares to me and I'm trying to avoid the expense of an
accountant.

This happened a couple of years ago so if you're familiar
with older versions of TurboTax business it would be even
more help, but info on the current edition would give me
some idea.

Thanks all.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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