In this video, we walk through 5 REG CPA exam practice questions teaching how to calculate S Corp shareholder debt basis and stock basis.
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00:00 Intro
00:49 Question 1: Calculating Debt Basis
02:26 Question 2: Learning More About Debt Basis
04:51 Question 3: Calculating Debt Basis Again
06:07 Question 4: Calculating Stock Basis
08:59 Question 5: Distributions Exceeding Tax Basis
11:59 Pillar Topics