# Basis of Indebtedness of S Corporations to Their Shareholders
> **IRS** · Final regulations. · Published 2014-07-23 · Effective 2014-07-23 · 79 FR 42675
## Document
- **Document number:** 2014-17336
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 79 FR 42675
- **CFR reference:** 26 CFR 1
- **Publication date:** 2014-07-23
- **Effective date:** 2014-07-23
- **Treasury docket:** TD 9682
## Abstract

This document contains final regulations relating to basis of indebtedness of S corporations to their shareholders. These final regulations provide that S corporation shareholders increase their basis of indebtedness of the S corporation to the shareholder only if the indebtedness is bona fide, which is determined under general Federal tax principles and depends upon all of the facts and circumstances. These final regulations affect shareholders of S corporations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2014/07/23/2014-17336/basis-of-indebtedness-of-s-corporations-to-their-shareholders)
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