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nI a complete liquidation a shareholder receiving multiple distributions wil recognize loss when: A_. ._ c._ D_. _He receives a distribution greater than his stock

nI a complete liquidation a shareholder receiving multiple distributions wil recognize loss when: A_. ._ c._ D_. _He receives a distribution greater than his stock basis. _He receives the first distribution and allocates the loss. _He receives the last distribution. _He receives the first distribution

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