Tax Explorer
Level 4
02-16-2024
12:51 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi,
I have a S-Corp where one shareholder gifted his S-Corp stock to another person in 2023. Is the transferor shareholder's stock basis affected by the gift to another person on Form 7203?
sjrcpa
Level 15
02-16-2024
12:56 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It should be. Line 13?
The more I know the more I don’t know.
