K-1 and Dissolution of the Corporation and Unrecaptured Section 1250 Gain
In going through Turbo Tax step-by-step, I'm entering my K-1. It's asking me (as the corp dissolved this past year AND I show box 8c & 9 of my K-1), "choose how I disposed of the corp" with my two options of "I disposed of it without selling it" or "none of the above". When I click on "....without selling it", those options don't seem to apply (gifted, transferred, sold).
I am 50% shareholder. The corp dissolved and almost all monies were divided out to the shareholders. Which do I choose? (Does it matter?)