Answered: Business income allocations from an S…

Business income allocations from an S corporation to its shareholders are self- employment income to the shareholders. a. True b. False

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter13: Comparative Forms Of Doing Business

Section: Chapter Questions

Problem 22DQ

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Question

Business income allocations from an S corporation to its shareholders are self-
employment income to the shareholders.
a. True
b. False

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