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kaylee is 10% shareholder in wisdom, inc which is a s corporation. During the current year, the S corporation reported that the following items in
kaylee is 10% shareholder in wisdom, inc which is a s corporation. During the current year, the S corporation reported that the following items in total for the year:
ordinary business income 75000
dividend income 9000
Wisdom also paid a 2500 dividend to kaylee. kaylees gross income this year is:
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