Termination of shareholder. s interest in corporation during taxable year. If a shareholder terminates his or her in- terest in the corporation during the taxable year, the rules of this para- graph (b) are applied with respect to any indebtedness of the S corporation held by the shareholder immediately prior to the termination of the share- holder’s interest in the corporation.
Appears in 7 contracts
Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov
