New
23WX-0044: S Corporations: How to Calculate Shareholder Basis (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Wednesday, April 5, 2023
9:00am - 11:00am Central Time
2 CPE (2 technical)
A detailed analysis of the calculations related to determining an S shareholder's tax basis for S Corporation shares and loans. Learn how to use the Form 1120S, Schedule K-1 information for basis determination. An illustrative example demonstrates how the process works, as well as the many potential pitfalls.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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Analyzes the calculation of basis when the entity is formed including the impact of contributed property
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Determine the importance of shareholder loans to the entity
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Uses a comprehensive example to illustrate the mechanics of the basis determination process
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Calculate how basis is impacted by distributions of corporation property
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Identify how basis is impacted by sale/or liquidation of the S Corporation interest
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Determine how to get from the Schedule K-1 information to the basis calculations
Learning objective(s)
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Distinguish the tax issues related to S Corporation owner's basis for shares and loans from formation through operations
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Determine strategies of a sale and/or liquidation
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Analyze how S Corporation losses impact Form 1040 Schedule E-reporting
Who should take this program?
CPAs working in public accounting firms and/or working for S Corporations.
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$79.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
|
Standard Member Fee |
$79.00
|
 Standard Nonmember Fee |
$79.00
|
