SCorp Basis Calculation

[nouna]

Is interest income earned in an SCorp's bank account included in the calculation of an SCorp's basis as an addition?

[Anonymous_]

The calculation should include separately stated items.

See https://www.irs.gov/instructions/i1120ssk#idm140355075208448

[Mike9241]

here's a worksheet you can use

https://www.thetaxbook.com/updates/TheTaxBook/Client%20Tax%20Tools/S_Corporation_Shareholders_Adjust...