Seminar ID: 100166

Eligibility Requirements of S Corporations

You will Learn:

  • General Rules
  • Types of Eligible Trusts
  • Ways to Guard Against Ineligible Shareholders

Under IRC Section 1361, only a "small business corporation" can operate as an S corporation. To qualify as a Small Businesses Corporation, the Corporation must have a specific class of stock and have a certain type of shareholder, along with a certain amount of shareholders. Download this white paper to learn all about the eligibility requirements of S corporations.