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    Business
  3. Study Set
    Taxation for Decision Makers
  4. Exam
    Exam 10: Sole Proprietorships and Flow-Through Entities
  5. Question
    _____ 17An S Corporation Shareholder Can Only Deduct Losses of the the S
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_____ 17An S Corporation Shareholder Can Only Deduct Losses of the the S

Question 20

Question 20

True/False

_____ 17.An S corporation shareholder can only deduct losses of the S corporation if he or she has positive stock basis.

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