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Ramsey has been the sole shareholder of a calendar year S-Corporation since its inception. Ramseys stock basis is $25,000, her debt basis is $40,000 and
- Ramsey has been the sole shareholder of a calendar year S-Corporation since its inception. Ramseys stock basis is $25,000, her debt basis is $40,000 and she receives a cash distribution of $80,000. There are no special elections made.
- What is the tax impact of the distribution on Ramsey if the S-Corporation has AAA of $20,000, AEP of $50,000 and $0 OAA before the distribution?
- What is the tax impact of the distribution on Ramsey if instead the S-Corporation has AAA of $20,000, $0 AEP and $0 OAA before the distribution?
- What is the tax impact of the distribution on Ramsey if the S-Corporation has AAA of $20,000, AEP of $50,000 and $0 OAA before the distribution?
- What is the tax impact of the distribution on Ramsey if instead the S-Corporation has AAA of $20,000, $0 AEP and $0 OAA before the distribution?
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The Psychology Of Trading Tools And Techniques For Minding The Markets
Authors: Brett N. Steenbarger
1st Edition
0471267619, 9780471267614
