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Which of these can lead to an inadvertent termination of an S corporation a failure to...

Which of these can lead to an inadvertent termination of an S corporation

a failure to file Form 1120S

failure to file Form 2553

failure to maintain status as a small business corporation

revoking the S corporation election

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Answer #1

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An S corporation election may be terminated involuntarily if the entity ceases to qualify as a small business corporation or its passive income exceeds the passive income limitation.

Correct answer is failure to maintain status as a small business corporation.

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