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Business, 30.07.2021 03:50 alyo31500

essica is a one-third owner in Bikes-R-Us, an S corporation that experienced a $45,000 loss this year (year 1). If her stock basis is $10,000 at the beginning of the year, how much of this loss clears the hurdle for deductibility (assume the at-risk limitation equals the tax-basis limitation)

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essica is a one-third owner in Bikes-R-Us, an S corporation that experienced a $45,000 loss this yea...
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