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any number it can be other than promoter

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13y ago

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What is the maximum amount of shareholders for an S corp?

An S corporation can have up to 100 shareholders. This is one of the main requirements for an S corporation to maintain its status as an S corp with the IRS. Any more than 100 shareholders would disqualify the company from S corp status.


The Different Types Of S Corp Tax Software?

There are really two different types of filings that S corp tax software can handle. The first is the filing of the various 1120 forms to report gains, deductions, and sometimes losses for the S corp itself. The more common purpose of S corp tax software is to allow individual shareholders to file their own financial gains and losses. While some software can perform both duties, for the most part shareholders in an S Corp can use more common tax software since the gains and losses can be reported easily on a 1040 form.


Who are the shareholders for Intel Corp?

The people who buy stock and own the company. (Apex)


Can a shareholder in a Subchapter S corporation elect not to receive any income from the corporation?

No, A Sub S corp is a "conduit", like a partnership. All of the income is reported on the shareholders personal tax return. Generally, all shareholders get their pro rata distribution of income based on their respective stock ownership.


Do Shareholders of S-corp require Workmans comp?

If you are the sole owner / employee of your s-corp, workers comp insurance is not required in CA, however some companies you do contract work for may require you to have wc insurance or some type of liability or health insurance.


Is INC classified as an S Corp?

No, INC is not classified as an S Corp.


When to Capitalize the S in shareholders?

You should capitalize the "S" in "Shareholders" when using it as a title before a specific group's name, like "ABC Company Shareholders."


How many shareholders does citigroup have?

How many shareholders does Citigroup have?


How do you dissolve an S Corp in Nevada?

An S Corp is dissolved by filing a certificate of dissolution with the Nevada agency where the Corp is registered. Once the paperwork is filed, the S Corp is considered dissolved.


What is MedCath Corp.'s population?

MedCath Corp.'s population is 30.


Can an Inc be structured as an S Corp?

Yes, an Inc can be structured as an S Corp.


Who besides Rupert Murdoch are the other shareholders of News Corporation which is based in NY?

News Corp is a publicly listed company, so it has thousands and thousands of individual shareholders, some of which probably live in NY.