ErnieS0
Expert Alumni

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If you acquired your S-Corporation shares at different times or at different prices, you will have more than on stock block. Identify each separate block of stock.

 

Stock block. When a shareholder has a different basis in different blocks of stock, pass-through items are generally allocated pro rata to all shares, regardless of their different bases. If there is a partial stock sale or partial redemption, you may file more than one form and provide a description of what period the form covers. See Regulations section 1.1367-1(b)(2) and (c)(3) for details.

 

Instructions for Form 7203

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