Which of the following are requirements to be an S corporation? a. Is limited to an absolute

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Which of the following are requirements to be an S corporation?
a. Is limited to an absolute maximum of 100 shareholders.
b. Has no resident alien shareholders.
c. Has only one class of stock.
d. Cannot have any C corporation earnings and profits (E & P).

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Related Book For  answer-question

South Western Federal Taxation 2023 Corporations Partnerships Estates And Trusts

ISBN: 9780357719961

46th Edition

Authors: William A. Raabe, James C. Young, Annette Nellen, Brad Cripe, Sharon Lassar

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