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If I have a c Corp with earnings and profits and elect S Corp status in 2016 and have the following receipts 100000 passive investment
If I have a c Corp with earnings and profits and elect S Corp status in 2016 and have the following
receipts 100000
passive investment income 6000
expenses directly related to the passive income of 10000
and taxable income if had been a c Corp
what is my net passive income
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