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This year Mrs. Stone sold her interests in two small business corporations (Sec. 1244). For White Corporation, her loss was $150,000. For Green Corporation, her
This year Mrs. Stone sold her interests in two small business corporations (Sec. 1244). For White Corporation, her loss was $150,000. For Green Corporation, her loss was $30,000. Mrs. Stone files a joint return with her husband. What is the amount and character of the loss that she will report in the current year
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