A calendar year S corporation had dividend income of $10,000 in Annette ordinary loss of $60,000 for the current year at the beginning of the year Z an unmarried 40% shareholder had a basis in the stock for $15,000 in alone basis of $8000 from alone he made to the corporation. These only other income is salary for an unrelated business, see maternally participate in the S corporation business, calculate z's stock basis, and z's loan basis in the end of the year.