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How much of the ordinary loss is allocated to? beverly

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Question 1: An electing S corporation has a? $30,000 ordinary loss for the nonleap year. On January? 1, Beverly and Sonya own equally all of the S corporation stock. On the 146th day of the? year, Beverly gives her one-half of the S corporation stock to her daughter Becky. How much of the? $30,000 ordinary loss is allocated to? Beverly?

A. ?$25,000
B. ?$5,959
C. ?$15,000
D. ?$6,000

Reference no: EM132873446

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