Discussion:Liquidation of LLC taxed as Subchapter S
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Revision as of 16:28, 16 February 2008
Discussion Forum Index --> Advanced Tax Questions --> Liquidation of LLC taxed as Subchapter S
Discussion Forum Index --> Tax Questions --> Liquidation of LLC taxed as Subchapter S
| 16 February 2008 | |
| One member of a three-member LLC (Elected to be taxed as a Subchapter S in a previous year)bought out the interests of the other two members with outside money. Subsequently, the only asset was sold and the business closed. My question: Was this the purchase of stock from the other members? Any thoughts? Thanks | |
