About 1stenger

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Re: Please explain "Stock Block" on Form 7203.

ok, I have not purchased any stock since given the shares in the partnership 15+ years ago. I did not purchase any since then, so is my stock block 1 or zero?

1stenger

1

Updated Jan 16, 2023
Re: Please explain "Stock Block" on Form 7203.

So then the stock basis at the beginning of the year is 1 or zero. Zero since I did not acquire more stock?

1stenger

3

Updated Jan 16, 2023
Re: Please explain "Stock Block" on Form 7203.

What if you have the same number of stocks as when the S-Corp started, 10 years ago, and have NOT purchased any stock since then?

1stenger

9

Updated Jan 16, 2023
Re: Please explain "Stock Block" on Form 7203.

What if you have had your stock over 10 years and you did NOT purchase any new stock?

1stenger

Updated Jan 16, 2023
Solved Why won't turbo tax allow me to file this loss with a IRA...

Why won't turbo tax allow me to file this loss with a IRA I2 block checked? Is there a way to override?

1stenger

Updated Apr 11, 2023

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Date Registered	‎June 1, 2019 11:44 AM
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