Schedule E (Form 1120-S), Shareholder’s Stock and Debt Basis Limitations Completed Form Examples and Samples

Find clear, detailed examples and samples of a completed Schedule E (Form 1120-S), Shareholder’s Stock and Debt Basis Limitations. Learn how to correctly fill out the form, calculate stock and debt basis, and determine your allowable loss deduction with our practical, step-by-step guides for S-Corp shareholders.
Schedule E (Form 1120-S), Shareholder’s Stock and Debt Basis Limitations has a complex Form Complexity Index of 69/100 — Instafill’s AI completes it in under a minute.
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Completed Schedule E (Form 1120-S) for a shareholder with sufficient stock and debt basis to deduct losses.

Schedule E (Form 1120-S) Example – Shareholder with Sufficient Basis

How this form was filled:

This example shows how a shareholder, Jane Smith, calculates her stock and debt basis for her S-Corporation, Innovate Tech Solutions Inc. Her beginning stock basis of $50,000, plus increases, is sufficient to absorb a $30,000 pass-through loss, resulting in a fully deductible loss for the year.

Information used to fill out the document:

  • Shareholder Name: Jane A. Smith
  • Shareholder Identifying Number: 987-65-4321
  • S Corporation Name: Innovate Tech Solutions Inc.
  • S Corporation Employer Identification Number (EIN): 98-7654321
  • Tax Year: 2025
  • Beginning Stock Basis: $50,000
  • Capital Contributions: $10,000
  • Share of Income: $25,000
  • Distributions Received: $5,000
  • Share of Loss: $30,000
  • Beginning Debt Basis: $20,000
  • Loan Repayments Received: $2,000

What this filled form sample shows:

  • Complete calculation of Part I: Shareholder's Stock Basis, showing increases and decreases.
  • Demonstration of how to determine the allowable loss when stock basis is sufficient.
  • Proper completion of Part II: Shareholder's Debt Basis, including adjustments for loan repayments.
  • Final calculation in Part III: Shareholder's Allowable Loss and Deduction, summarizing the total deductible amount.

Form specifications and details:

Form: Schedule E (Form 1120-S)
Title: Shareholder's Share of Income, Deductions, Credits, etc.
Use Case: S-Corp shareholder with sufficient basis to deduct pass-through losses.
Tax Year: 2025
Created: February 11, 2026 07:37 PM
Completed Schedule E (Form 1120-S) for a shareholder with sufficient stock and debt basis to deduct losses.