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In an S Corporation which of the following items must be separately stated under Section 1366? a. Net income from business oeprations b. Long-term capital
In an S Corporation which of the following items must be separately stated under Section 1366?
a. Net income from business oeprations
b. Long-term capital gain, short-term capital gain, long-term capital loss, short-term capital loss.
c. 1231 gains, 1231 losses
d. All of the above
e. All of the above, except A.
Please choose the best answer and explain why.
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