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  3. ll of the following are correct regarding fringe b

ll of the following are correct regarding fringe benefits related to S corporations except: a.fringe benefits...

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Accounting

ll of the following are correct regarding fringe benefits related to S corporations except: a.fringe benefits paid to all 2-percent-or-less shareholders are deductible to the S corporation b.fringe benefits paid to all rank and file employees are deductible to the S corporation c.fringe benefits paid to 2-percent shareholder-employees not covered by the partnership rules are deductible to the S corporation d.a medical fringe benefit paid for a 2-percent shareholder-employee is passed through to the shareholder-employee and deductible to the extent he or she can deduct it as an itemized deduction

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