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Posted by Taxbert on June 3, 2006, 7:59 pm
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> On Line 22 they ask for Capital stock and on line 27 they
> ask for treasury stock.
>
> 22 is all stock issued (the sum of treasury and that
> outstanding), so 22 minus 27 is the outstanding stock,
> right?
>
> I am looking at a return where 27 is greater than 22. Other
> than an error, is there any way that could happen?
>
> The instructions don't cover this, presumably because it is
> so simple... thanks
Capital stock is the par value
Paid in Capital is the excess of par value when it was issued.
Treasury stock is what you paid to repurchase the stock. It
has nothing to do with par value or the value you issued it for.
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