Which of the following is prohibited from being an S corporation shareholder?
A) Foreign citizens that are U.S. residents.
B) U.S. citizens.
C) C Corporations.
D)51 unrelated individuals.
E)None of these

Name: Which of the following is prohibited from being an S corporation shareholder? A) Foreign citizens that are U.S. residents. B) U.S. citizens. C) C Corporations. D)51 unrelated individuals. E)None of these
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Question

Quizplus · Accepted Answer

C Corporations are not allowed to be S Corporation shareholders.

Which of the Following Is Prohibited from Being an S