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| Date | 2024-11-11 22:41 -0500 |
|---|---|
| From | Rick <rick@nospam.com> |
| Newsgroups | misc.taxes.moderated |
| Organization | i2pn2 (i2pn.org) |
| Message-ID | <bb3b41eff3147998b0fb0a8e5194d2bf2cbde232@i2pn2.org> (permalink) |
| References | <vgtsvs$1613j$1@dont-email.me> |
| Subject | Re: Income tax refund after dissolution of corporation |
On 11/11/2024 6:35 PM, Adam H. Kerman wrote: > A friend has an interesting problem. He's received a refund of corporate > income taxes for 2021. Unfortunately, he's dissolved the corporation and > closed the bank account. > > I suggested he contact the bank to see if they'll simply reopen the > account; if they check with the state first, they'll learn of the > dissolution. > > If the bank cannot help, I don't know how to advise him. > > There is a Form 966 for C corps but nothing comparable for S corps. I > found a form to treat a Q Sub as flow through to the parent S corp but > I'm not spotting anything about dissolving the parent S corp aside from > stating "final return" when filing final returns. > > Any advice? > Not sure I understand the problem. If you're saying he will receive a direct deposit to a bank account that no longer exists, can he not file an amended return to change the deposit information to his personal account? If you're saying he received a paper check issued in the name of the corporation, can he not simply endorse it as an officer of the company and deposit it in his personal bank account? -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2011) - All rights reserved. >> << ------------------------------------------------------- >>
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Income tax refund after dissolution of corporation "Adam H. Kerman" <ahk@chinet.com> - 2024-11-11 18:35 -0500
Re: Income tax refund after dissolution of corporation Rick <rick@nospam.com> - 2024-11-11 22:41 -0500
Re: Income tax refund after dissolution of corporation "Stuart O. Bronstein" <spamtrap@lexregia.com> - 2024-11-11 22:54 -0500
Re: Income tax refund after dissolution of corporation "Adam H. Kerman" <ahk@chinet.com> - 2024-11-12 09:12 -0500
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