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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 11: S Corporations
  5. Question
    S Shareholders Cannot Increase the Basis of Their Stock by a Ratable
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S Shareholders Cannot Increase the Basis of Their Stock by a Ratable

Question 71

Question 71

True/False

S shareholders cannot increase the basis of their stock by a ratable share of the general S corporation liabilities.

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