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Author Question: Raina owns 100% of Tribo Inc., an S corporation. She started the business this year with a $100,000 ... (Read 76 times)

vinney12

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on: Sep 13, 2020
Raina owns 100% of Tribo Inc., an S corporation.  She started the business this year with a $100,000 capital contribution.  In addition, the business borrowed $50,000 from the bank which she had to guarantee.  Tribo incurred a first year operating loss of $170,000.  Raina will deduct an ordinarily loss this year of
◦ $170,000.
◦ $100,000.
◦ $150,000.
◦ $0.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by vinney12 on Sep 13, 2020

dlook33

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vinney12

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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