Hello,

I'm in the process of shutting down a C-Corporation that has had no income in 2015 and 2016. I have started the dissolution process in my home state. There are no employees or shareholders besides my spouse and myself. I do not have a tax advisor and want to make sure I'm doing this all correctly, and would appreciate some advice.

(1) The state is requiring me to submit a 2016 federal and state tax return, but the 2016 forms aren't yet available. Can I adapt the 2015 form 1120 for the 2016 tax year?

(2) is it sufficient for me to transfer the $ in the C-Corp checking account to my LLC? How do I report this correctly?

(3) The only other "asset" in the C-Corporation is a computer, with 4 years left on the depreciation schedule. How do I "sell" or transfer that asset and correctly record this?

Thank you for any help. Sorry for the newbie questions.