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On March , 2023, the two shareholders of a C corporation decide to elect S Corporation status for tax purposes for 2023. Shareholder David purchased

On March , 2023, the two shareholders of a C corporation decide to elect S Corporation status for tax purposes for 2023. Shareholder David purchased his half interest in the corporation on January 18 2023 from Helga, a nonresident alien. Will this be a problem ? Advise them about their situation and their possibilities

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