Joined: 08 Feb 2009
Online Status: Offline Posts: 12
Posted: 09 Feb 2009 at 21:28 | IP Logged
when calculating stock basis for an s-corp shareholder, do you reduce basis by the Massachusetts corporate excise tax as a non-deductible expense?? Massachusetts ordinary income does not include the excise tax deduction. Any help is appreciated!
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Topic: Massachusetts stock basis
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