Discussion:Bankrupt SMLLC
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Discussion Forum Index --> Basic Tax Questions --> Bankrupt SMLLC
Discussion Forum Index --> Tax Questions --> Bankrupt SMLLC
Taxadvisor53 (talk|edits) said: | 2 February 2008 |
| Does anyone know if a SMLLC that has a debtor in possession of its assets and a bankrutpcy discharge have COD income that is picked up on Schedule C? I'm not sure whether COD flows up or is completely eliminated. | |
RoyDaleOne (talk|edits) said: | 2 February 2008 |
| I believe there is no COD in bankruptcy. | |
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