February 7, 2023


Webinar


2 Total CPE Credits

product-artwork-757540

Surgent's Guide to Calculating S Corporation Shareholder Stock and Loan Basis

Learning Objectives

  • Calculate an S corporation shareholder's basis in his or her S corporation shares on Form 7203
  • Understand and apply the S corporation shareholder loan basis rules

Major Topics

  • Introduction to Form 7203
  • Introduction to the calculation of stock basis
  • Introduction to the calculation of loan basis
  • Taxable and nontaxable S corporation distributions to shareholders
  • The election to reduce basis by deductible losses and expenses before reducing basis by nondeductible expenses

CPE Credits Available

2
Total CPE
2
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

Basic understanding of tax rules relating to S corporations and S corporation shareholders

Advanced Preparation

None

Intended Audience

Any tax practitioner with S corporations or S corporation shareholders as clients

Provider

Surgent McCoy CPE

Register For This Event

  • ASCPA Member

    $ 99 99
    Join
  • ASCPA Non-Member

    $ 149 149
    Your Price

Please login to register.