Indicate whether the S corporation's S status would be "Terminated" or "Not terminated" as appropriate. If terminated explain what caused the termination in the template.

Scenario

S Corporation's Status

Explanation

5. Elle owns 50 shares of Tamco Corp., an S corporation. She is one of 100 unrelated shareholders. Elle sells 10 shares of her Tamco stock to her husband, a U.S. citizen.
6. Velma owns 60 shares of Blue Corp., an S corporation. She is one of 100 unrelated shareholders. Velma sells 15 shares of her Blue stock to her former husband, a U.S. citizen.
7. Gwen owns 50 shares of ABC Corp., an S corporation. She is one of 100 unrelated shareholders. Gwen sells 10 shares of her ABC stock to her 12-year-old granddaughter.
8. Harry owns 40 shares of Hostel Corp., an S corporation. He is one of 100 unrelated shareholders. Henry sells 5 shares of his Hostel stock to his nephew, who is employed by Hostel Corp. but does not own any other stock in the organization.
9. Edith owns 40 shares of Ohio Corp., an S corporation. She is one of 100 unrelated shareholders. Edith sells 10 shares of her Ohio stock to her aunt, who is a Canadian citizen living in Quebec.