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problem 8(want text answer only). Please indicate True or False: Subchapter S corp is a pass through entity. Subchapter S corp can have voting and

problem 8(want text answer only). Please indicate True or False: Subchapter S corp is a pass through entity. Subchapter S corp can have voting and nonvoting common stock. Appreciated property distributions from Sub S corp are never taxable to shareholders. Partnerships can be eligible S corp shareholders. S corps file Form 1120S tax returns

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