Under certain circumstances, an S corporation can have more than 100 shareholders.

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Quizplus · Accepted Answer

An S corporation can have up to 100 shareholders, but certain family members and certain types of trusts can be counted as a single shareholder, which allows for the possibility of having more than 100 beneficial owners but still maintaining S corporation status. Additionally, under certain circumstances, the 100-shareholder limit may be exceeded for a temporary period of time.

Under Certain Circumstances, an S Corporation Can Have More Than