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Kiley is a 50% shareholder of Skims Inc., an S corporation. Skims has the following tax items this year: Kiley's basis in her stock at
Kiley is a 50% shareholder of Skims Inc., an S corporation. Skims has the following tax items this year: Kiley's basis in her stock at the beginning of the year was $380,000. What is Kiley's basis at the end of the tax year? $380,000 $1,110,000 $1,130,000 $1,840,000
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