An S corporation is formed by 100 shareholders, including a husband and wife holding stock jointly. They

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An S corporation is formed by 100 shareholders, including a husband and wife holding stock jointly. They divorce, with each taking title to one-half of the jointly held stock. Will the corporation still qualify as an S corporation?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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