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1 February, 11:33

Identify a disadvantage of being an s corporation.

a. estates can be shareholders.

b. the amt on corporations is avoided.

c. tax-exempt income flows through as excludible to shareholders.

d. losses flow through immediately to the shareholders.

e. none of these choices are a disadvantage of the s election.

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  1. 1 February, 13:12
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    c. tax-exempt income flows through as excludible to

    d. losses flow through immediately to the shareholders.
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