Thank you, but that leads me to the next question. I zero Retained Earnings each year, so they're negative as of 12-31-2017 till I make my final General Journal entries. My basis in the corporation is $3,000, and my loss is about $12,000. Can I take the loss personally for 2017, or must I wait and take the contribution back in 2018 (which should be a good year).
