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single, was allocated a loss of $ 2 0 , 0 0 0 from Bearcub Clothing, an S corporatio. His stock basis and amount at

single, was allocated a loss of $20,000 from Bearcub Clothing, an S corporatio. His stock basis and amount at-rsk is $25,000 in Bearcub. He was also allocated $15,000 of income rom Fleece Wool, a partnership. He is not actively involvede wiht eithe rBearcub or Fleece

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