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which is not trye if IRC 1244 stock? ordinary loss treatment is limited to $50000 per shareholders and $100000 on a joint return stock loses

which is not trye if IRC 1244 stock?
ordinary loss treatment is limited to $50000 per shareholders and $100000 on a joint return
stock loses its 1244 status when it is transferred
only individuals and partnerships are eligible for ordinary loss treatment
only small business trusts qre eligible for ordinary loss treatment

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