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9. (5 points) Please indicate True or False: 1. Subchapter S corp is a pass through entity. 2. Subchapter S corp can have voting and

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9. (5 points) Please indicate True or False: 1. Subchapter S corp is a pass through entity. 2. Subchapter S corp can have voting and nonvoting common stock. 3. Appreciated property distributions from Sub S corp are never taxable to shareholders. 4. Partnerships can be eligible S corp shareholders. 5. S corps file Form 1120S tax returns

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