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Posted on Sep 03, 2024

Taxpayer is a 1 0 0 % owner in a S - Corp. The S - Corp earned $ 2 0 0 , 0 0

Taxpayer is a

100 %

owner in a S

-

Corp. The S

-

Corp earned $

200, 000

but did not distribute anything to the taxpayer. How much earnings is taxable?

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