Question: Question 1 of 16.Which of the following items will decrease Tammy's at-risk basis? Tammy's share of the S corporation's ordinary business income of $2,500. Tammy's
Question 1 of 16.Which of the following items will decrease Tammy's at-risk basis? Tammy's share of the S corporation's ordinary business income of $2,500. Tammy's contribution of $10,000 in exchange for stock in the Danny's Dream S corporation. The FMV of the S corporation stock she was given for services rendered to the S corporation. Tammy's $3,000 distribution from the S corporation.
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