A _____ is a corporation whose owners elect to have it treated as partnership for tax purposes.

Name: A _____ is a corporation whose owners elect to have it treated as partnership for tax purposes.
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An S corporation is a type of corporation where the owners elect to have it treated as a partnership for tax purposes. This means that the corporation's income, deductions, and credits flow through to the shareholders, who report them on their individual tax returns.

A _____ Is a Corporation Whose Owners Elect to Have