46.Which of the following is correct regarding property distributions to shareholders:Â a.generally when an S corporation...
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Accounting
Which of the following is correct regarding property distributions to shareholders:agenerally when an S corporation distributes appreciated property in a nonliquidating distribution, the distribution is treated as if the property had been sold to the shareholder at fair market valuebthe character of the gain of the corporation will pass through to shareholderscan S corporation generally cannot recognize a loss on a nonliquidating distribution of depreciated property to a shareholderdall of the above
Which of the following is correct regarding property distributions to shareholders:agenerally when an S corporation distributes appreciated property in a nonliquidating distribution, the distribution is treated as if the property had been sold to the shareholder at fair market valuebthe character of the gain of the corporation will pass through to shareholderscan S corporation generally cannot recognize a loss on a nonliquidating distribution of depreciated property to a shareholderdall of the above
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