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29-04-2022
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Which of the following is prohibited from being an S corporation shareholder? Multiple Choice Foreign citizens that are U.S. residents U.S. citizens C corporations 51 unrelated individuals None of the choices are correct.

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okpalawalter8 okpalawalter8

04-05-2022

The following is prohibited from being an S corporation shareholder is None of the choices, Option D. This is further explained below.

What is an S corporation shareholder?

Generally, S corp shareholders are people who own stock in a company that is taxed as a subchapter S corporation.

In conclusion, Foreign citizens can be S corporation shareholders.

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