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21.Donations to private charities are not tax deductible. True False 22.Partnerships, Sole Proprietorships, and S-Corporations are all types of pass-thru entities. True False 23.An advantage

21.Donations to private charities are not tax deductible.

True

False

22.Partnerships, Sole Proprietorships, and S-Corporations are all types of pass-thru entities.

True

False

23.An advantage of a C Corporation is that owners are not personally liable for corporate debt.

True

False

24.A disadvantage of an S Corporation is that owners are personally liable for corporate debt.

True

False

25.If the beneficiary of a QDRO is a spouse, he/she is allowed to roll over the QDRO into an IRA with no distribution penalty.

True

False

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