Question $9$

$2$ pts

Identify a true statement about an S corporation.

An S corpocation is required to have move than ooe type of stock outstanding.

The income of an $ corporation passes through the congany to the owners:

The income of an $ corpocation is taxed as capital grins to the owners.

The insomie of an $5$ corporation is taxet twice, it the corponte fivet and the owner level.

An S corporation is required to have more than $100$ stoclboldors.