Basis Schedule

					                                                                      S CORPORATION SHAREHOLDER BASIS SCHEDULE

      Shareholder Name:                                                                            Year:

      Corporation:                                                                                 %-age

                                                                                           Basis
                                                        A                       B                           C                   D                     E                   F
                                                   Current Year                                                           Deductible Loss        Nondeductible
                                                    Amount                     Stock                       Debt             Carryover           Loss Carryover       Debt Balance


1     Balance brought forward

2     Additional capital contributed                              -     =              -

3     Net addition to debt                                        -     =                                         -                                              =              -

4     Nontaxable income                                           -     =              -    +                     -

5     K-1 income items                                            -     =              -    +                     -

6     Subtotal line 1 - 5                                                              -                          -                    -                     -                  -

7     K-1 deductions & loss items                                       =              -    +                     -   +                -

8     Nondeductible expenses                                      -     =              -    +                     -                         +                -

9     Subtotal (not < 0) lines 6 - 8                                                   -                          -                    -                     -                  -
       Distributions not treated as dividends
10
      from E&P
                                                                  -     =              -

11    Net loan repayments                                               =                                         -                                              =              -

12    Subtotal (may be < 0) lines 9 - 11                                               -                          -                    -                     -                  -
       Gain recognized to restore basis to zero
13A
      (if line 12 < 0)
                                                                  -     =              -    +                     -

      or

      Prior year loss carryover used (if line 12
13B
      > 0)
                                                                  -     =              -    +                     -   +                -    +                -
      Balance end of year (basis not < 0) (line
14
      12 +/- 13 A or B)
                                                                                       -                          -                    -                     -                  -

				
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