The general rule for shareholder loans is that they must be included in the shareholder's income when received. Indicate two exceptions to this general rule that are available to all shareholders, without regard to whether they are employees as well as shareholders.

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The Answer of The general rule for shareholder loans is that they must be included in the shareholder's income when received. Indicate two exceptions to this general rule that are available to all shareholders, without regard to whether they are employees as well as shareholders.

The General Rule for Shareholder Loans Is That They Must