Discussion:Contributions (investments) to S-Corp

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Discussion Forum Index --> Consumer Questions --> Contributions (investments) to S-Corp

White (talk|edits) said:

15 April 2009
I have 2 persons S-Corp 50/50, who are constantly making contributions to the company to keep the bootstrap, with no revenue, yet. Are there any chance for the shareholders to deduct the contributions to the company in their personal tax returns? Thanks.

Rgtaxservice (talk|edits) said:

15 April 2009
Nope. Their contributions to additional capital will only increase their basis.

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