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Which of the following is incorrect about S Corp debt basis A. Debt Basis is...

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Accounting

Which of the following is incorrect about S Corp debt basis

A. Debt Basis is increased by loans from an S Corp shareholder to an S Corp

B. Debt basis is increased by loans from a third party (non-shareholder) to an S Corp.

C. S Corp losses in excess of stock basis are deductible up to debt basis

D. Losses in excess of stock basis reduce debt basis but not below zero

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