50% SH of S Corp

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  • Carlos
    Junior Member
    • Feb 2008
    • 20
    #1

    50% SH of S Corp

    Could a 50% sh of scorp deduct unreimbursed business expenses on sch e?
    Tags: None
    • Gretel
      Senior Member
      • Jun 2005
      • 4008
      #2
      No, he cannot and if he not an employee of the corp. he cannot deduct anywhere.

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