S status can be elected if shareholders holding the majority of the stock consent to the S corporation election on the date of the S corporation election.
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Q110: A new corporation is formed on January
Q111: When an S corporation shareholder sells her
Q112: All of the following are requirements to
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Q114: A shareholder's basis for the S corporation
Q116: An S corporation can have both voting
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Q118: The corporate built-in gains tax does not
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Q120: Gain is recognized by an S corporation
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