Examples of S Corp in a sentence
Except as otherwise provided in this Agreement or in the Plan, the Option is exercisable only by the Optionee or his legal heirs and personal representatives; provided that the Company shall recognize nor be required to transfer record ownership of any shares to any person if such transfer would cause the termination of the Company's S Corp.
Gains and losses resulting from the disposition of property where a section 179 expense deduction was passed through to S Corp shareholders are not reported on Federal Form 4797, and should be report- ed on Schedule A, Line 10.
Company structure for tax purposes (C Corp, S Corp, LLC, LLP, etc.):3.
On line 2(i), report any gains or losses from the disposition of property where a section 179 expense was claimed and passed through to the S Corp shareholders.Lines 4(a) - (e) Additions(a) Enter any State and municipal interest income that was not included in line 3.
LLC: C Corp S Corp Partnership Disregarded Entity (Name of Regarded/ Owner*) See New Accounts Requirement document Individual Single Member LLC (Name of Regarded/ Owner*) See New Accounts Requirement document Non Profit Organization Formation documents/charter, Entity Certification of Powers, proof of 501(c)(3) status, and other entity documents that may be required Beneficial Owner Information Form**.