Please complete the following end-of-chapter discussion questions and problems from the South-Western Federal Taxation: Individual Income Taxes textbook. Show all computations.
Chapter 20
Question 25 (S corporations: maintaining the election)
Question 31 (fluctuation of partner's basis in partnership)
Problem 38 (capital gains and losses of C corporations and individuals compared)
Problem 46 (dividends received deduction)
Problem 56 (allocation of S corporation income and expenses: separately stated idems), a and b only