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Distribution of Remaining Assets

After payment of claims, the remaining assets may be distributed to shareholders.

The corporation will need to file IRS Form 1099-DIV to report distributions to shareholders. See IRS Publication 550, Investment Income and Expenses.

 

Dissolving a Corporation:
 Corporate Action
 Filing With the State
 Notification to Creditors
 Handling Creditors' Claims
 Distribution of Remaining Assets

 

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