An unincorporated entity with more than one owner is, by default, taxed as a partnership.
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Q12: Limited partnerships are legally formed by filing
Q13: Unincorporated entities are typically treated as flow-through
Q14: LLC members have
Q15: In certain circumstances, C corporation shareholders can
Q16: For tax purposes, only unincorporated entities can
Q18: Both tax and nontax objectives should be
Q19: Losses from C corporations are never available
Q20: General partnerships are legally formed by filing
Q21: S corporation shareholders who work for the
Q22: If a C corporation incurs a net
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