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You are a shareholder in an S corporation. The corporation earns $ 1.85$1.85 per share before taxes. As a pass through entity, you will receive
You are a shareholder in an S corporation. The corporation earns
$ 1.85$1.85
per share before taxes. As a pass through entity, you will receive
$ 1.85$1.85
for each share that you own. Your marginal tax rate is
35 %35%.
How much per share is left for you after all taxes are paid?
Amount that remains is
$nothing
per share. (Round to the nearest cent.)
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