Question

Which of the following is a feature of an S Corporation?

a. An S Corporation is required to have more than 100 stockholders.

b. An S Corporation is required to have more than one type of stock outstanding.

c. The income of an S Corporation is taxed as capital gains to the owners.

d. The income of an S Corporation is taxed twice, at the corporate level and the owner level.

e. The income of an S Corporation is taxed the same as income earned by proprietorships and partnerships.

Answer

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