Multiple Choice
The income generated by S-Corporations:
A) Passes through to its owners,and each is taxed individually for this income.
B) Is provided to non-profit organizations,so it is considered a tax-free source of funds.
C) Is taxed separately from its owners.
D) Must be reinvested in the business.Owners should not expect dividends.
Correct Answer:
Verified
Correct Answer:
Verified
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