This program discusses, in a practical way, how an S corporation shareholder calculates their stock and loan basis on Form 7203. Form 7203 is the n...
5/31/2022 12:00pm - 2:00pm | Online | Surgent
$99.00
CPE Categories: Taxation (2 CPE)
Interest Areas: Business and Industry, Individual Taxation
This program discusses, in a practical way, how an S corporation shareholder calculates their stock and loan basis on Form 7203. Form 7203 is the new IRS Form on which a shareholder is sometimes required to calculate their stock and loan basis. This topic is particularly important when an S corporation has a loss and the shareholders wish to know whether they are entitled to fully utilize the loss that has been allocated to them against their other income.
Presented by Mike Tucker, Ph.D., LL.M., J.D., CPA
Any tax practitioner with S corporations or S corporation shareholders as clients
Basic understanding of tax rules relating to S corporations and S corporation shareholders
© Copyright 2023 KSCPA | All Rights Reserved