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  1. 01-10-2007, 12:30 PM #1
    expertgsy
    expertgsy is offline Junior Member
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    Default Abandoning S-corporation Shares

    Can I abandon shares of S-corporation I am a minor owner of. How can I legally do that? My current shareholder basis is 200K. How would my loss be treated?
  2. 01-14-2007, 09:54 AM #2
    Mr. Knowitall
    Mr. Knowitall is offline Senior Member
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    Default Re: Abandoning S-corporation shares

    What loss? If you gift your shares back to the company, how is that a loss?
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