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Thread: Basis in S corporation and its importance!
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  #1 (permalink)  
Old 01-21-2007, 12:33 PM
Dwhite Dwhite is offline
Junior Member
  
Join Date: Jan 2007
Posts: 11
Basis in S corporation and its importance!
Dear TaxGuru,

I dont understand why the basis is a big issue for S corporations? What is the significance and how does limit my ability to deduct my S Corporation losses?
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