McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

تمرين 22

Is a shareholder allowed to increase her basis in her S corporation stock by her share of the corporation's liabilities, as partners are able to increase the basis of their ownership interest by their share of partnership liabilities? Explain.