Guide to Calculating S Corporation Shareholder Stock and Loan Basis (CSSB)
November 10th, 2025 - November 10th, 2025 @ 1:00 PM-2:40 PM
| Member Price |
$109 |
| Non-Member Price |
$139 |
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Credits
2
Description
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 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.
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 Subjects
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
Prerequisites
Basic understanding of tax rules relating to S corporations and S corporation shareholders
