Outstanding Loan to shareholder at Dissolution of S-corp

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11-24-2010, 03:04 PM

kevinmac

Junior Member

Join Date: Nov 2010

Posts: 1

Outstanding Loan to shareholder at Dissolution of S-corp

Outstanding Loan of 20,000 to only shareholder at Dissolution of S-corp, how is this handled on the 1040 or the 1120s.

Thank you very much

Kevin

« Question | transfer of funds from S corp to personal & vice versa »

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