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    Federal Taxation
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    Exam 11: S Corporations
  5. Question
    If Losses Are Suspended Due to the Lack of Basis
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If Losses Are Suspended Due to the Lack of Basis

Question 35

Question 35

Essay

If losses are suspended due to the lack of basis in S corporation stock, do the losses expire when the S election terminates?

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No. These loss carryovers may ...

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