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Greiner, Inc, a calendar year S corporation, holds no AEP During the y Chad, an individual Greiner shareholder, receives a cash distribution of $30,000 from

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Greiner, Inc, a calendar year S corporation, holds no AEP During the y Chad, an individual Greiner shareholder, receives a cash distribution of $30,000 from the entity. Chad's basis in his stock before the distribution $25,000. If an amount is zero, enter "0". Chad recognizes ordinary income of $ and a capital gain of His basis in the stock is $ after the distribution

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