Yes that is difficult. The best you could do is estimate the basis. Totally adjusted based on the yearly profit over the years. You could also try a zero basis ...
See the following for guidance:The stock basis in the S corporations should have been known for every tax return filed.Form 7203 is filed by S corporation share...
Your income was higher this year and moved you through several tax bracketsCompared to last yearyou earned $13,707 more in the 24% tax bracket. Tax owed here is...
