Federal housing law
1222 Form 7203 (PDF)
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Jurisdiction
- United States
Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f7203.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).
Form
7203¶
(Rev. December 2022)
Department of the Treasury Internal Revenue Service
S Corporation Shareholder Stock and Debt Basis Limitations¶
OMB No. 1545-2302
Attachment Sequence No. 203
Attach to your tax return. Go to www.irs.gov/Form7203 for instructions and the latest information.
Name of shareholder Identifying number
A Name of S corporation B Employer identification number
C Stock block (see instructions): D Check applicable box(es) to indicate how stock was acquired:
(1) Original shareholder (2) Purchased (3) Inherited (4) Gift (5) Other: E Check if you have a Regulations section 1.1367-1(g) election in effect during the tax year for this S corporation . . . . . Part I Shareholder Stock Basis
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
**2 ** |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
4 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
5 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
6 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
||
| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
7 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
9 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
10 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
11 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
||
| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
12 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
13 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
14 |
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . Note: If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. 7 Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
1 | |
|---|---|---|
| 1 Stock basis at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 2 Basis from any capital contributions made or additional stock acquired during the tax year . . . . 3 a Ordinary business income (enter losses in Part III) . . . . . . . . . 3a b Net rental real estate income (enter losses in Part III) . . . . . . . . 3b c Other net rental income (enter losses in Part III) . . . . . . . . . . 3c d Interest income . . . . . . . . . . . . . . . . . . . . . 3d e Ordinary dividends . . . . . . . . . . . . . . . . . . . . 3e f Royalties . . . . . . . . . . . . . . . . . . . . . . . 3f g Net capital gains (enter losses in Part III) . . . . . . . . . . . . 3g h Net section 1231 gain (enter losses in Part III) . . . . . . . . . . . 3h i Other income (enter losses in Part III) . . . . . . . . . . . . . . 3i j Excess depletion adjustment . . . . . . . . . . . . . . . . 3j k Tax-exempt income . . . . . . . . . . . . . . . . . . . 3k l Recapture of business credits . . . . . . . . . . . . . . . . 3l m Other items that increase stock basis . . . . . . . . . . . . . 3m 4 Add lines 3a through 3m . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Stock basis before distributions. Add lines 1, 2, and 4 . . . . . . . . . . . . . . . . 6 Distributions (excluding dividend distributions) . . . . . . . . . . . . . . . . . . **Note:**If line 6 is larger than line 5, subtract line 5 from line 6 and report the result as a capital gain on Form 8949 and Schedule D. See instructions. **7 ** Stock basis after distributions. Subtract line 6 from line 5. If the result is zero or less, enter -0-, skip lines 8 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . . . . . . . 8a Nondeductible expenses . . . . . . . . . . . . . . . . . . 8a b Depletion for oil and gas . . . . . . . . . . . . . . . . . . 8b c Business credits (sections 50(c)(1) and (5)) . |
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| . . . . . . . . . . . 8c 9 Add lines 8a through 8c . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Stock basis before loss and deduction items. Subtract line 9 from line 7. If the result is zero or less, enter -0-, skip lines 11 through 14, and enter -0- on line 15 . . . . . . . . . . . . . . 11 Allowable loss and deduction items. Enter the amount from line 47, column (c) . . . . . . . . 12 Debt basis restoration (see net increase in instructions for line 23) . . . . . . . . . . . . 13 Other items that decrease stock basis . . . . . . . . . . . . . . . . . . . . . 14 Add lines 11, 12, and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Stock basis at the end of the corporation’s tax year. Subtract line 14 from line 10. If the result is zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . |
15 |
| Section A—Amount of Debt (If | more than three | debts, see instru | uctions.) | |
|---|---|---|---|---|
| Description | (a) Debt 1 Formal note Open account |
(b) Debt 2 Formal note Open account |
(c) Debt 3 Formal note Open account |
(d) Total |
| 16 Loan balance at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 17 Additional loans (see instructions) . . . . . . . 18 Loan balance before repayment. Add lines 16 and 17 19 Principal portion of debt repayment (this line doesn’t include interest) . . . . . . . . . . . . . 20 Loan balance at the end of the corporation’s tax year. Subtract line 19 from line 18 . . . . . . . . |
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| 16 Loan balance at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 17 Additional loans (see instructions) . . . . . . . 18 Loan balance before repayment. Add lines 16 and 17 19 Principal portion of debt repayment (this line doesn’t include interest) . . . . . . . . . . . . . 20 Loan balance at the end of the corporation’s tax year. Subtract line 19 from line 18 . . . . . . . . |
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| 16 Loan balance at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 17 Additional loans (see instructions) . . . . . . . 18 Loan balance before repayment. Add lines 16 and 17 19 Principal portion of debt repayment (this line doesn’t include interest) . . . . . . . . . . . . . 20 Loan balance at the end of the corporation’s tax year. Subtract line 19 from line 18 . . . . . . . . |
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| 16 Loan balance at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 17 Additional loans (see instructions) . . . . . . . 18 Loan balance before repayment. Add lines 16 and 17 19 Principal portion of debt repayment (this line doesn’t include interest) . . . . . . . . . . . . . 20 Loan balance at the end of the corporation’s tax year. Subtract line 19 from line 18 . . . . . . . . |
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| 16 Loan balance at the beginning of the corporation’s tax year . . . . . . . . . . . . . . . 17 Additional loans (see instructions) . . . . . . . 18 Loan balance before repayment. Add lines 16 and 17 19 Principal portion of debt repayment (this line doesn’t include interest) . . . . . . . . . . . . . 20 Loan balance at the end of the corporation’s tax year. Subtract line 19 from line 18 . . . . . . . . |
Form 7203 (Rev. 12-2022) Page 2 Part II Shareholder Debt Basis (continued)
Section B—Adjustments to Debt Basis
Form 7203 (Rev. 12-2022)