33.Tori purchased 50 percent of the shares of corporation H, a calendar year S corporation,...
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Accounting
33.Tori purchased 50 percent of the shares of corporation H, a calendar year S corporation, for $7,000. She also guaranteed a corporate loan of $6,000. This year, H had an operating loss of $22,000. What is the amount of H's loss that Tori can deduct on her individual income tax return?
Group of answer choices
a)$11,000
b)$10,000
c)$7,000
d)$0
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