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An S Corp has a balance of 20 in AAA and 30 in AEP before considering losses. The S Corp has a (50) capital loss
An S Corp has a balance of 20 in AAA and 30 in AEP before considering losses. The S Corp has a (50) capital loss and no distributions this year. After considering the loss, which of the following is true? AAA becomes 0, AEP becomes 0. AAA becomes 0, AEP remains 30. AAA remains 20, AEP remains 30. O AAA remains 20, AEP becomes (20). AAA becomes (30), AEP remains 30
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