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Other Fields Homework Help Accounting Topic started by: safezone on Feb 15, 2017



Title: Identify which of the following statements is true.
Post by: safezone on Feb 15, 2017
Identify which of the following statements is true.
A) An election for an S corporation to use the Sec. 179 expensing election is made by the corporation and not by its shareholders.
B) The S corporation's separately stated items are in general the same ones that apply in partnership taxation.
C) An S corporation cannot claim a dividends-received deduction.
D) All of the above are true.


Title: Re: Identify which of the following statements is true.
Post by: Rimoun on Feb 15, 2017
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