S-Corp Add'l Paid in Capital

[WhiteOleander]

S-Corp. 1 S/H has 100% ownership

Can additional capital be paid in without receiving stock? I guess I am confused. I thought that the S/H could loan money, but not just contribute capital.

Am I missing something?

Thanks

[DTS]

Apic

White Oleander,

Check out this thread I started many months ago. Golden Rocket explained this to me in detail. It's a very good explanation.

http://www.thetaxbook.com/forums/showthread.php?t=6217

I hope this helps!

Dennis

[ChEAr$]

Paid in capital

S-Corp. 1 S/H has 100% ownership

Can additional capital be paid in without receiving stock? I guess I am confused. I thought that the S/H could loan money, but not just contribute capital.

Am I missing something?

Thanks

is recorded upon the formation of the corporation as appropriate to reflect equity in assets
not covered by issuance of stock.

So if shareholder wants to contribute more capital, he may do so in the form of simply
buying more stock. It's easy.

As a caveat however, be sure that when this occurs, all the formalities are followed and
an actual stock certificate is completed and given to the shareholder, and not simply
kept in the corporate black book. although that is where most all shareholders do keep
them.

[WhiteOleander]

Thanks. I've printed out that thread and I'm going to read it.