Thank you@AliciaP1. This clarifies a lot.Now, please confirm this for Form 7203:Line 1 Stock basis at the beginning of the corporation’s tax year: 0 (assuming 2...
Thank you,@AliciaP1I was able to follow the example inhttps://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-stock-and-debt-basis. However,...
Hi@AliciaP1,I'd like to know if you can help me with my similar circumstance: https://ttlc.intuit.com/community/business-taxes/discussion/how-to-calculate-cumul...
