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发帖数: 17 | 1 题号是CPA-01957, 是R3里有关S CORPORATION的题
Beck Corp. has been a calendar- year S corporation since its inception on Jan 2, 1995. On Jan 1, 1998, Lazur and Lyle each owned 50% of the Beck stock , in which their respective tax bases were $12000 and $9000. For the year ended Dec 31, 1998, Beck had $81000 in ordinary business income and $10000 in tax-exempt income. Beck made a $51,000 cash distribution to each shareholder on Dec 31, 1998. What was Lazur's tax basis in Beck after the distribution.
a. $1,50 | l*******n
发帖数: 344 | 2 加tax-exempt income是因为S corporation 跟 Partnership 一样要seperately state
income item. 你可以看一下书， tax-exempt income 和 non-deductible 的Expense
都是要计 入Basis 的。 |
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