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In determining if an S corporation has no more than 100 shareholders, which of the following statements is true? A. Estates are not treated as
In determining if an S corporation has no more than 100 shareholders, which of the following statements is true?
| A. | Estates are not treated as a shareholder. | ||
| B. | Family members in up to six generations are treated as a single shareholder. | ||
| C. | Husbands and wives are treated as separate shareholders. | ||
| D. | Stock held by an agent is treated as being owned by the agent. |
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
