Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations, must be filed with an S corporation shareholder’s 1040 if that shareholder claims a deduction for their share of an S corporation loss, received a loan repayment from an S corporation, disposed of stock in an S corporation or received a non-dividend distribution from the S corporation.
This webinar will go through the form, line by line, and show you where to get the necessary information to fill it out correctly.
This self-study webinar qualifies for 1 IRS CE
Click the handout icon on the recording player > Select the "Quiz for IRS CE"
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