Which one of the following tax entities does not pay a Federal income tax?
A)Trust
B)Partnership
C)Individual
D)Corporation
E)Estate

Name: Which one of the following tax entities does not pay a Federal income tax? A)Trust B)Partnership C)Individual D)Corporation E)Estate
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Question

Quizplus · Accepted Answer

Partnerships do not pay a Federal income tax. Instead, the profits and losses pass through to the individual partners who report it on their personal tax returns.

Which One of the Following Tax Entities Does Not Pay