I:17-30 Explain why the basis of S corporation stock is increased by the stockholders share of ordinary
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I:17-30 Explain why the basis of S corporation stock is increased by the stockholder’s share of ordinary income and separately stated gain and income items and reduced by the stockholder’s share of an ordinary loss and separately stated loss and deduction items.
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Related Book For 
Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023
ISBN: 9780137730391
36th Edition
Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna
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