Welcome Guest. Register Now!  

Ask TaxGuru » Corporations » S-Corporation » Which entities are considered "Eligible Shareholders" of an S Corporation?


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 09-21-2011, 09:01 PM
TaxGuru's Avatar
Tax Guru
  
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
Which entities are considered "Eligible Shareholders" of an S Corporation?
The IRS has clearly stated that the following are permitted shareholders of an S Corporation, as follows;
  1. US Citizens or Resident Individuals
  2. Estates
  3. QSST's
  4. IRC Sec 501(c) (3) Charities
  5. ESBT's
  6. ESOP's
  7. Single Member LLC with a qualifying member
  8. Qualified Pension Plans
  9. Qualified Profit Sharing Plans

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply

« What are the different distribution categories and what tax liabilities do they entail? | Which entities are considered "Non Permitted Shareholders" of an S Corporation? »


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Which Taxpayers are not "Eligible for the First-Time Homebuyer Tax Credit?" TaxGuru Tax Credit 0 01-05-2010 09:22 PM
Who is considered an "eligible individual" for Health Savings Account? TaxGuru Medical 0 10-26-2009 12:38 AM
When are the Minnesota "C" corporation estimated income tax payments due? TaxGuru Minnesota 0 01-25-2009 09:34 PM
When are the Maryland "C" corporation estimated income tax payments due? TaxGuru Maryland 0 01-19-2009 01:56 AM
When are Arkansas "C" corporation estimated income tax payments due? TaxGuru Arkansas 0 12-10-2008 12:19 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
Ask TaxGuru?
 
Individual
 » Income
 » Estimated Taxes
 » Capital Gains
 » Itemized Deductions
 » IRA/Sep
 » Rental Real-Estate
 » Alternative Minimum Tax
 » Filing Requirements
 » Sole-Proprietorship
 » Medical
 » Auto Expenses
 » Social Security
 » Tax Credit
 » Depreciation
 » Divorce Tax Issues
 » Homeowner Tax
 » Multistate
 
Corporations
 » C-Corporation
 » S-Corporation
 » Limited Liability Company
 » Payroll
 » Multistate Tax Issues
 » Non-Profit Organisation
 » Trusts and Gift Tax Returns
 
Forum for CPAs
 » CPA Forums
 
Financial Planning
 » Estate Planning
 » Retirement Planning
 » Investment Strategy
 » Education Planning
 » Life Insurance
 
 » Tax News
 » Tax Calculators
 » Downloads
 » Contact Us
 
 
» Recent Tax Q&A
No Threads to Display.


Advertise - Contact Us - Ask TaxGuru - Archive - Disclaimer - Privacy Statement - Top
Copyright © 2007, AskTaxGuru.com
Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0