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. yer. Keily owns all of its stock. Her basis for the stock is $16,000. On April 1 of the current (non-leap) year Duval distributes

. yer. Keily owns all of its stock. Her basis for the stock is $16,000. On April 1 of the current (non-leap) year Duval distributes $50,000 to Keily. - X Requirement b. Determine the tax consequence...

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