Tax-exempt income at the S level loses its special tax treatment for the shareholder.
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Q1: Most limited liability partnerships can own stock
Q2: S corporation status allows shareholders to realize
Q9: S corporations are treated as partnerships under
Q12: More S corporation returns are filed than
Q15: An estate may be a shareholder of
Q17: Distributions of appreciated property by an S
Q19: An S election is made on Form
Q25: For a new corporation,a premature S election
Q30: Only 51% of the shareholders must consent
Q43: An S corporation can be a shareholder
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