Which, if any, of the following can be eligible shareholders of an S corporation? a. A Roth IRA. b. Partnership. c. A non-U.S. corporation. (Maybe) d. A nonqualifying trust. e. None of the above can own stock.

Which, if any, of the following can be eligible shareholders of an S corporation? a. A Roth IRA. b. Partnership. c. A non-U.S. corporation. (Maybe) d. A nonqualifying trust. e. None of the above can own stock.

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter2: Gross Income And Exclusions

Section: Chapter Questions

Problem 4MCQ

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Question

Which, if any, of the following can be eligible shareholders of an S corporation?

	a.	A Roth IRA.
	b.	Partnership.
	c.	A non-U.S. corporation. (Maybe)
	d.	A nonqualifying trust.
	e.	None of the above can own stock.

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