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You are a 60% owner of an S corporation. Calculate your ending stock basis, bava on these facts. Beginning stock basis 552,600 Purchases of additional

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You are a 60% owner of an S corporation. Calculate your ending stock basis, bava on these facts. Beginning stock basis 552,600 Purchases of additional stock Insurance premiums paid (nondeductible) Tax-exempt interest income Payroll tax penalty Increase in AAA Increase in OAA 15.000 3,600 5.230 3,770 22,400 5,800

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