Which statement is incorrect about an S corporation? A- Nonresident aliens cannot own S corporation stock B-

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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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Linear Algebra And Its Applications

ISBN: 9781292351216

6th Global Edition

Authors: David Lay, Steven Lay, Judi McDonald

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Posted Date: Feb 17, 2024 08:46 AM

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Which statement is incorrect about an S corporation? A- Nonresident aliens cannot own S corporation stock B-

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The incorrect statement about an S corporation is D An S corporation can be a partner in a partnersh... View the full answer

Linear Algebra And Its Applications

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