Jan and 150 other individuals would like to form an S corporation. Jan would like to form a partnership in order to have the partnership form the S corporation as a single shareholder to avoid problems with the limit on the number of S corporation shareholders. Jans plan will:

a. Not work, because partnerships cannot own stock in an S corporation

b. Work, because it adequately avoids the shareholder limit rule

c. Work, as long as the S corporation is created after 2014

d. Not work, because partnerships do not count as a single shareholder.