Which of these is NOT an eligible S corporation shareholder A an estate B A partnership...
Which of these is NOT an eligible S corporation shareholder
A an estate
B A partnership
C An exempt organization
D A nonresident
Homework Answers
An eligible S Corporation shareholders must be a person in physical and also the shareholder must be a U.S. Citizen or resident. That is, individuals, estate, trusts and exempt oraganization as specified.
Hence in S-Corporations a Partnership, Corporations and non-residents are not eligible.
So here, a partnership and a non-resident are not eligible shareholders.
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