stock basis

Form 7203 S-corp shareholder basis pitfalls (loss limits, AAA, stock basis)

Ever wondered why some S-corp shareholders get tripped up when claiming losses or navigating their stock basis? You’re not alone—many shareholders hit unexpected snags with Form 7203, especially around loss limits, Accumulated Adjustments Account (A…

King of Hacks•

Form 3922 ESPP transfer reporting (basis, W-2, holding period)

Have you recently participated in an Employee Stock Purchase Plan (ESPP) and found yourself puzzled about how to handle Form 3922 for tax reporting? You're not alone—understanding the nuances of ESPP transfer reporting, including determining you…

King of Hacks•
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