Preparing the New Form 7203 for S Corporation Shareholders On-Demand Webinar

Summary

The IRS just released a brand-new form, Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations. This form must be filed with an S corporation shareholder’s 1040 if that shareholder claims a deduction for their share of an S corporation loss, received a loan repayment from an S corporation, disposed of stock in an S corporation or received a non-dividend distribution from the S corporation. In this webinar, we’ll go through the form, line by line, and advise you as to where to get the necessary information to fill it out correctly.

Objectives

Upon completion of this course, you will be able to:

• Determine when Form 7203 is required
• Prepare Form 7203

Course Details

This on-demand webinar includes the presentation slides, exam questions, and recording of the webinar broadcast with review questions. CPE is issued after exam is successfully completed.