Was this an asset sale or a stock sale? If it was an asset sale, it's best to deposit the proceeds into the business account since the corporation sold the assets, not you personally. If it was a stock sale, I don't think it makes much difference.
Yes, into the business account. There is no correlation between where the deposit is made and the tax ramifications of the sale but it is the cleanest and easiest to deposit it into the business account.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
