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Suppose that at the beginning of 2022 Jamaal's basis in his Scorporation stock was $27,000 and Jamaal has directly loaned the Scorporation $10,000. During 2022,

Suppose that at the beginning of 2022 Jamaal's basis in his Scorporation stock was $27,000 and Jamaal has directly loaned the Scorporation $10,000. During 2022, the S corporation reported an$80,000 2 answers

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