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  3. Study Set
    Essentials of Federal Taxation
  4. Exam
    Exam 14: Corporate Nonliquidating and Liquidating Distributions
  5. Question
    The Recipient of a Nontaxable Stock Distribution Will Have a Zero
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The Recipient of a Nontaxable Stock Distribution Will Have a Zero

Question 68

Question 68

True/False

The recipient of a nontaxable stock distribution will have a zero tax basis in the stock.

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