How is the owner's basis calculated? Can you please show with an example.
R roh123 Joined Feb 12, 2024 Messages 1 Reaction score 0 Country Feb 12, 2024 #1 How is the owner's basis calculated? Can you please show with an example.
B BIG E VIP Member Joined Dec 19, 2020 Messages 317 Reaction score 43 Country Feb 13, 2024 #2 Read the instructions for IRS Form 7203 https://www.irs.gov/pub/irs-pdf/i7203.pdf