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    Business
  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 22: S Corporations
  5. Question
    Which of the Following Is a Requirement to Be an S
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Which of the Following Is a Requirement to Be an S

Question 3

Question 3

Multiple Choice

Which of the following is a requirement to be an S corporation?


A) Be a domestic or foreign corporation
B) Have only one class of stock
C) Have fewer than 75 shareholders
D) Have at least one corporate shareholder
E) None of the choices are correct.

Correct Answer:

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