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The applicable tax rate for s corporations is based on the:_______a. Corporate tax rateb.Stockholder's individual tax rates

User Olympia
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1 Answer

6 votes

Answer:

b.Stockholder's individual tax rates

Step-by-step explanation:

The application rate for S corporation should not be taxed as the C corporation.So in this case, it should not be applied in the S corporation profits and it should be passed with the help of stockholders and the income should be reported at the time of filing the return

Therefore in the given case, the correct option is B. and the same is to be considered

User Martin Theiss
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