Which of the following is not a "relative" under the constructive ownership rules?
A)A 60 percent owned corporation
B)A sister
C)A partnership in which the taxpayer owns 20 percent
D)A trust of which taxpayer is the sole beneficiary
E)All of the above are considered relatives.

Question

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The Answer of Which of the following is not a "relative" under the constructive ownership rules?
A)A 60 percent owned corporation
B)A sister
C)A partnership in which the taxpayer owns 20 percent
D)A trust of which taxpayer is the sole beneficiary
E)All of the above are considered relatives.

Which of the Following Is Not a "Relative" Under the Constructive