USA S Corp Distribution in Excess of Stock Basis

O

OHcpa

Joined
Aug 5, 2014
Messages
4
Reaction score
0
How does an S Corp report excess distributions that exceed a shareholder basis on form1120-S and related K1's so that Capital Gains are reported properly?
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA S-Corp Pass-Thru & Distribution Check questions... 2019 was profitable. 2020 was not. 6
USA Distribution on S-corp 0
USA S Corp Distributions, Commissions/Bonuses for multiple equal shareholders 0
USA Excess S Corp Distributions 3
USA S-Corp - Two Shareholder's Profit Distribution after Salaries 2
USA How to Pay S Corp Salaries / Distributions Commensurate to Work Performed 3
USA Distribution of S Corp retained earnings after change in shareholder percentages 0
USA S corp distributions 9

Members online

No members online now.
Total: 228 (members: 0, guests: 228)

Forum statistics

Threads
11,631
Messages
27,576
Members
21,372
Latest member
Keithdrism

Latest Threads

Top