Charitable contributions are subject to the 10% limitation at the S corporation level.
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Q3: Shareholders may deduct losses in excess of
Q4: Net operating losses incurred before an S
Q5: Persons who were shareholders during any part
Q5: For Federal income tax purposes, taxation of
Q8: Where the S corporation rules are silent,
Q9: Distribution of appreciated property is taxable to
Q13: Most IRAs can own stock in an
Q17: A two-or-more member LLC operates under partnership
Q18: As a general rule, S corporation treatment
Q20: The passive loss limitations apply at the
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