Discussion:Shareholder loan C to S corp

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Revision as of 10:49, 12 June 2009

Discussion Forum Index --> Advanced Tax Questions --> Shareholder loan C to S corp
Discussion Forum Index --> Tax Questions --> Shareholder loan C to S corp

PBinNJ (talk|edits) said:

12 June 2009
Clients incorporated and lent the corp $25,000. She wants S status so I'm using short year to apply for S by 6/15/09. Does the S/H loan to C corp on balance sheet carry forward to S corp? She an hubby only s/h; no salary; small loss in short year. I've searched the yellow box but don't see this discussed. Thanks.
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