Intermediate 1120 S Handout - TaxBuddha

PART 2 – Distribution and Basis Issues The Golden Rule 12 Section 351 Tax Free Exchange Sample Statements 13 Calculating basis for a mid-year exchange 14 Sample Completed 351 Statements 18 Calculating Beginning Balance Sheet 19 ... Name of Corporation: S-Corp of Junk TIN: 99-9999999 ................
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