Calculate S Shareholder Stock Basis


Basis in flow-through entities is an overwhelming and often misunderstood topic. Tax preparers and taxpayers often ask “Who is supposed to keep track of the shareholder’s basis?”. The technical answer is the shareholder, but the best answer is the tax preparer preparing the shareholder’s individual income tax return. Don’t let S corporation shareholder basis scare you by attending this webinar to get the skills you need to calculate shareholder stock basis.


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

  • Calculate a shareholder’s initial stock and debt basis.
  • Adjust a shareholder’s stock and debt basis annually.
  • Recognize when the shareholder has loaned or contributed money to the S corporation.
  • Determine the timing and ordering rules for basis adjustments.
  • Explain how distributions from an S corporation are taxed.
  • Determine the result of repaying reduced-basis debt.
  • Identify the implications of at-risk and passive loss limitations.

Course Details

Includes webinar recording, PowerPoint presentation and Q&A webinar transcript. CPE is issued after exam is successfully completed.


Presented by: Steve O'Rourke, EA

How to Earn CPE

To receive credit for this on-demand webinar, you must make at least one attempt to answer each of the review questions included with the webinar video. You also must successfully pass the course exam with a score of 70% or better.

The course and exam will expire one year from the date of purchase.

Cancellation Policy

​Because this is an online education offering, it is nonrefundable.

eweb keepalive image