Question: Which statement is incorrect about an S corporation? A- Nonresident aliens cannot own S corporation stock B- A one-person LLC can be an S shareholder
Which statement is incorrect about an S corporation?
A- Nonresident aliens cannot own S corporation stock
B- A one-person LLC can be an S shareholder
C- A partnership can own S corporation stock
D- An S corporation can be a partner in a partnership
E- None of the above statements is incorrect
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