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A calendar year C corporation reports a $ 4 1 , 0 0 0 NOL in 2 0 2 3 , but it elects S
A calendar year C corporation reports a $ NOL in but it elects S status for and generates an NOL of $ in that year. At all times during the stock of the corporation was owned by the same shareholders, each of whom owned of the stock. Kris, one of the shareholders, holds an S stock basis of $ at the beginning of How much of the loss, if any, can she deduct?
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