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 720b Form 2013-2025

B Vi 2013-2025 Form

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Your assistance manual on how to prepare your 2013 720b download

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Video instructions and help with filling out and completing 720b Form

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Instructions and help about 2013 720b receipts tax fill

okay for this 7203 tutorial I want to go through a sample a scenario where we have a shareholder that has a capital gain inclusion when they receive a distribution in excess of their stock bases so our shareholder here Jane Doe she is a shareholder in an S corporation and during the 2022 tax year she received a cash distribution just like all the other shareholders did but the distribution exceeded her stock basis in the company so she has to recognize some long-term capital gains so let me go over everything we've got in front of us and then we'll look at the detailed rules and then get into this fact pattern so I do have the 7203 for Jane here this is for 2022 and it's part of her full return so I've got the schedule Lee up here and then the rest of the 1040 and so we'll go into those in more detail so the 7203 we have I do have the 2021 K1 for Jane so this is her K1 last year where she first became a shareholder and this is important because w

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