The maximum number of shareholders is limited to _____ for a firm to qualify as a subchapter S corporation.
A)25
B)50
C)75
D)100

Name: The maximum number of shareholders is limited to _____ for a firm to qualify as a subchapter S corporation. A)25 B)50 C)75 D)100
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A firm must have 100 or fewer shareholders to qualify as a subchapter S corporation. This allows the company to pass corporate income, losses, deductions, and credits directly to their shareholders for federal tax purposes.

The Maximum Number of Shareholders Is Limited to _____ for a Firm