Title: An S corporation distributes land to its shareholders. The land has a $60,000 basis and a $90,000 ... Post by: Sheena Maskell on Jan 11, 2017 An S corporation distributes land to its shareholders. The land has a $60,000 basis and a $90,000 FMV. The basis of the land to the shareholders is
A) $0. B) $30,000. C) $60,000. D) $90,000. Title: Re: An S corporation distributes land to its shareholders. The land has a $60,000 basis and a ... Post by: MsLippy on Jan 11, 2017 Content hidden
Title: Re: An S corporation distributes land to its shareholders. The land has a $60,000 basis and a $90,000 ... Post by: Sheena Maskell on Mar 20, 2017 I took a chance with your answer
It was right |