Which Corporation Is Eligible to Make the S Election

question 20

Multiple Choice

Which corporation is eligible to make the S election?

• A) Non-U.S. corporation.
• B) One-person limited liability company.
• C) Insurance company.
• D) U.S. bank.
• E) None of the above can select S status.

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Definitions:

Personally Deliver

The act of directly conveying something to an intended recipient, ensuring a personal touch.

Proposal

A formal suggestion or plan put forward for consideration or discussion by others, often in a business or academic context.

Qualified

Having the necessary skills, experience, or credentials to fulfill a particular role or task.

Online Report

A digital document available on the internet, which provides information or data analysis on a specific topic, often accessible through websites or platforms.