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If a C Corporation has NOL for current year, then 1120 line 29a for Net Operating Loss deduction would be 0, since it's already a loss.On 1120 Schedule K questi...
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On 5472, it says to identify related parties as check all that apply: (a) Related to Reporting Corporation, (b) Related to 25% Foreign Shareholder, (c) 25% Fore...
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If I am reading your answer correctly, the shareholder "person" would use 1040 and 8949 Capital Gain and Loss on their personal return and not the C Corporation...
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For a C Corporation that issued suppose $100 of shares on incorporation, the shareholders contributed cash. The company dissolved and did not have funds to repa...
