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Friday, January 2, 2026 Live Webcast

S Corporations: Calculating Shareholder Basis (X2-58424)

9:00 AM - 11:00 AM EST
webcast

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2 CPE Credits in TX

OVERVIEW

A detailed analysis of the calculations related to determining a shareholder's tax basis for S corporation shares and loans. How to use the Form 1120S, Schedule K-1 information for basis determination.

DESIGNED FOR

CPAs working in public accounting firms and/or working for S corporations.

BENEFITS

After attending this presentation, you will be able to...

  • Identify the tax issues related to S corporation owner's basis for shares and loans from formation through operations
  • Determine strategies of a sale and/or liquidation
  • Analyze how S corporation losses impact Form 1040 Schedule E-reporting

HIGHLIGHTS

The major topics that will be covered in this course include:

  • Discuss the calculation of basis when the entity is formed including the impact of contributed property
  • Explain the importance of shareholder loans to the entity
  • U

COURSE LEVEL

Intermediate

PREREQUISITES

Basic knowledge of S Corporations and taxes

ADVANCE PREPARATION

None

INSTRUCTOR

Steven Dilley

Steven C. Dilley, CPA, J.D., Ph.D.
(4.4)

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