________(1) ________________entities, such as ____(2) _________________________________are required to pay income taxes on their taxable income. ___(3) __________entities, such as __(4)___________generally do not directly pay income taxes on their taxable income but merely pass the income on to a____(5)______entity.

1. (a). Taxpaying (2. a.) individual and c corporation 3a. flow-though 4a. individual and c corporation 5a. flow through

1 (b). flow-through (2b). individual and s corporation 3b. tax paying 4b. individual and s corporation 5b.taxpaying

2c. sole propritorships, c corporatipon and certain trusts 4c. sole propritorships, c corporatipon and certain trusts

2d. sole proprietorships, s corporation, llcs llps and certain trust. 4d. sole proprietorships, s corporation, llcs llps and certain trust.