S-corporation shareholder stock basis at beginning of year

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  • taxmcp
    Member
    • Feb 2018
    • 32
    #1

    S-corporation shareholder stock basis at beginning of year

    For a taxpayer with a Schedule K-1 (Form 1120-S), how do I determine the shareholder's stock basis at the beginning of the year when it is not given on the Schedule K-1?
    Tags: None
    • BOB W
      Senior Member
      • Jun 2005
      • 4061
      #2
      You can't............. Has to come from S-Corp preparer.
      This post is for discussion purposes only and should be verified with other sources before actual use.

      Many times I post additional info on the post, Click on "message board" for updated content.

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