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S Corporations: How to Calculate Shareholder Basis Webinar


June 9
1:00 - 3:00 p.m.

CPE Credits



PICPA Member: $79 | Nonmember: $104

 More Information

Course No.
Basic working knowledge of S corporation taxation.
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from with the log-in information.


A detailed analysis of the calculations related to determining an S shareholder's tax basis for S corporation shares and loans. Learn how to use the Form 1120S, Schedule K-1 information for basis determination. An illustrative example demonstrates how the process works, as well as the many potential pitfalls. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives:

After attending this presentation you will be able to...

  • Distinguish the tax issues related to S corporation owner's basis for shares and loans from formation through operations
  • Determine strategies of a sale and/or liquidation
  • Analyze how S corporation losses impact Form 1040 Schedule E-reporting


The major topics covered in this class include:

  • Analyzes the calculation of basis when the entity is formed including the impact of contributed property
  • Determine the importance of shareholder loans to the entity
  • Uses a comprehensive example to illustrate the mechanics of the basis determination process
  • Calculate how basis is impacted by distributions of corporation property
  • Identify how basis is impacted by sale/or liquidation of the S corporation interest
  • Determine how to get from the Schedule K-1 information to the basis calculations


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