As of January 1 of this year, Dana owned all 1 0 0 shares of a calendar
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As of January of this year, Dana owned all shares of a calendaryear S corporation, Bird Corporation. On May th the th day of this year, Dana sold shares to Felicia. Bird reported $ in ordinary business income for the entire year to the shareholders and made no distributions. What amount of income should the corporation report to Felicia on her Schedule k
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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