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Business, 24.04.2020 23:50 genyjoannerubiera

Chen received a $10,000 dividend from a Subchapter C corporation. He also owns a 50% interest in a Subchapter S corporation that reported $100,000 of taxable income. He received a distribution of $20,000 from the Subchapter S corporation. How much income will Chen report as a result of these events

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Chen received a $10,000 dividend from a Subchapter C corporation. He also owns a 50% interest in a S...
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