Some stock in a calendar-year (S) corporation is sold to a nonresident alien on February 13, 2018.

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Some stock in a calendar-year $S$ corporation is sold to a nonresident alien on February 13, 2018. On what date is the corporation's status as an $S$ corporation terminated?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Apr 04, 2024 03:00 AM

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Some stock in a calendar-year S corporation is sold to a nonresident alien on February 13, 2019. On what date is the corporation's status as an S corporation terminated?
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Some stock in a calendar-year (S) corporation is sold to a nonresident alien on February 13, 2018.

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The termination date for the S corporation status would depend on whether the sale of stock to a non...View the full answer

CCH Federal Taxation 2019 Comprehensive Topics

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