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An 5 Corporation may lose its 5 Election tax status: If any one of the shareholders of the S Corporation transters (seli) some of thait

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An 5 Corporation may lose its 5 Election tax status: If any one of the shareholders of the S Corporation transters (seli) some of thait stock in the 5 Copperison to a Parmernip. Only at the discretion of the Intomal Revenue Service. If the S Corporation has any Passive Investment Income during the current tax yoar

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