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Lisa invests $18,000 in Carson (a C corporation) for a 10% interest and also invests $30,000 in Samson (an S corporation) for a 20% interest.

Lisa invests $18,000 in Carson (a C corporation) for a 10% interest and also invests $30,000 in Samson (an S corporation) for a 20% interest. For the current year, Carson had a taxable loss of $80,000 and Samson had a taxable loss of $60,000. No distributions were made. Assuming Lisa's tax liability is based on a 35% tax bracket, how much will she be able to save in taxes in the current year as a result of the corporate losses?

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