Unlike partnerships, adjustments that decrease an S corporation shareholder's basis may reduce it below zero.
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Q21: Separately stated items are tax items that
Q22: Regarding debt, S corporation shareholders are deemed
Q24: For S corporations with earnings and profits
Q31: Like partnerships, an S corporation shareholder's basis
Q31: An S corporation shareholder calculates his initial
Q34: S corporation allocated losses to a shareholder
Q37: Similar to an S corporation shareholder's stock
Q38: S corporations have considerable flexibility in making
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