Question: A corporation was completely liquidated and dissolved during 2011. The filing fees, professional fees, and other expenditures incurred in connection with the liquidation and dissolution

A corporation was completely liquidated and dissolved during 2011. The filing fees, professional fees, and other expenditures incurred in connection with the liquidation and dissolution are

a. Deductible in full by the dissolved corporation.

b. Deductible by the shareholders and not by the corporation.

c. Treated as capital losses by the corporation.

d. Not deductible either by the corporation or shareholders.

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