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-   -   If a closely held (S corp) is sold, is the goodwill value capital gain? (https://www.askmehelpdesk.com/showthread.php?t=448168)

  • Feb 17, 2010, 08:36 AM
    gregj
    If a closely held (S corp) is sold, is the goodwill value capital gain?
    I just want to know if I can claim gains from goodwill as a capital gain, or if it needs to be considered ordinary income.
  • Apr 21, 2010, 02:32 PM
    AtlantaTaxExpert
    Wow, that is a REAL complex tax question, well beyond the level of sophistication for this forum, so I understand why no one has answered it.

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