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Author Question: Which of the following are unique for an S corporation? (Read 164 times)

darbym82

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Which of the following are unique for an S corporation?
◦ There is a maximum limit on the number of shareholders for an S corporation.
◦ The firm's profits and losses are not taxed at the corporate level, but shareholders must include these profits and losses on their individual tax returns.
◦ The shareholders of an S corporation must include the firm's profit and losses in their individual income taxes even if no money is distributed to them.
◦ all of the above


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Marked as best answer by darbym82 on Jul 9, 2019

EAN94

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darbym82

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EAN94

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