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Please answer the questions in your own words . Copying and pasting from the textbook, Internet sites, or from any other written material is not
Please answer the questions in your own words. Copying and pasting from the textbook, Internet sites, or from any other written material is not appropriate. Also, please show your calculation.
Question #1.
To be eligible to make an S election a corporation must be a small business corporation. What is a small business corporation as defined by Subchapter S of the Code?
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