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Posted on Sep 04, 2024

5 shareholders each own 2 0 % of a corporation ( C - Corp ) . The corporation earned $ 1 M in taxable income,

5

shareholders each own

20 %

of a corporation

(

-

Corp

) .

The corporation earned $

1

M in taxable income, and did not issue any dividends. How much will each shareholder be taxed?

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