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ile gain between capital gain and ordinary income 5 XVZ, an S Corporation distributes $60,000 to its only stockholder John on December 31, 2017.John's stock

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ile gain between capital gain and ordinary income 5 XVZ, an S Corporation distributes $60,000 to its only stockholder John on December 31, 2017.John's stock basis is 100.000. XVZ AAA balance is 20,000 and XVZ holds $15,000 AEP before the distribution. Show the effects of such distribution

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