Emma,the Sole Shareholder of Quail Corporation (A C Corporation),has the Corporation

True/False

Emma,the sole shareholder of Quail Corporation (a C corporation),has the corporation pay her a salary of $300,000 in 2010.The Tax Court has held that $80,000 represents unreasonable compensation.Assuming Emma is in the 35% bracket in 2010,the Tax Court's holding will increase total tax she pays in 2010.