Category: Investor Taxation

Share­hold­er basis can not go below zero Share­hold­er basis is based on cap­i­tal invest­ment as well as debt (loans to the cor­po­ra­tion) Each year, the share­hold­er must recal­cu­late their basis based on loans, prof­it or loss, and distribution/dividends Cal­cu­lat­ing an S cor­po­ra­tion
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