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On January 2, 2019, Berrios loans his S corporation $12,000. By the end of 2019, Berrios' stock basis is $1,000 and the basis in his

On January 2, 2019, Berrios loans his S corporation $12,000. By the end of 2019, Berrios' stock basis is $1,000 and the basis in his note has been reduced to $9,000. During 2020, the company's operati...

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