Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations Completed Form Examples and Samples
Explore our Form 7203 example for S Corporation Shareholder Stock and Debt Basis Limitations. This sample showcases how to accurately fill the form to report stock and debt basis as an S Corporation shareholder, ensuring compliance with IRS requirements.
Form 7203 Example – S Corporation Shareholder Stock and Debt Basis Limitations
How this form was filled:
This example demonstrates how a shareholder in an S Corporation should fill out Form 7203 to report stock and debt basis limitations. John Smith, a shareholder in Green Tech Innovations Inc., provides accurate information regarding his stock and debt basis, ensuring compliance with IRS requirements.
Information used to fill out the document:
- Shareholder Name: John Smith
- Corporation Name: Green Tech Innovations Inc.
- Tax Year: 2025
- Stock Acquired: 150,000
- Loan Provided: 50,000
- Additional Contributions: 25,000
- Distributions: 20,000
- Year-End Stock Basis: 155,000
- Year-End Loan Basis: 30,000
- Signature: John Smith
- Date: 02/20/2025
What this filled form sample shows:
- Complete shareholder name and corporation details
- Accurate stock and loan basis calculations
- Detailed purchases, contributions, and distributions
- Properly signed and dated for IRS compliance
Form specifications and details:
| Use Case: | S Corporation Shareholder Basis Calculation |
| Tax Year: | 2025 |
| Includes: | Stock and Loan Basis |
