The s corporation distributed 10000 to bjorn as well as the, Ask an Expert

Management Studies

Bjorn owns a 35% interest in an S corporation that earned $200,000 in 2010. He likewise owns 10% of the stock in a C corporation that earned $200,000 during the year. The S corporation distributed $10,000 to Bjorn as well as the C Corporation paid dividends of $10,000 to Bjorn. How much income should Bjorn report from these businesses?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9372229

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