The C corporation tax rate is significantly lower than the top individual marginal tax rate. True False Owners who...

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Accounting

The C corporation tax rate is significantly lower than the topindividual marginal tax rate.
True
False
Owners who work for entities taxed as a partnership receiveguaranteed payments as compensation. The guaranteed payments arenot self-employment income.
True
False
Business income allocations from an S corporation to itsshareholders are potentially subject to the 3.8 percent netinvestment income tax if the shareholders are passive investors inthe S corporation.
True
False
C corporations and S corporations are separate taxpayingentities that pay tax on their own income.
True
False
Business income allocations to owners from an LLC that is taxedas a partnership are subject to self-employment tax if the ownersare significantly involved in the entity’s business activities.
True
False
An S corporation shareholder who is not a passive investor isallowed to deduct a business loss allocation from the S corporationto the extent of the shareholder’s basis in the stock no matter howlarge the loss.
True
False
Beginning in 2018, C corporations are no longer subject todouble taxation.
True
False
please answer all questions , thanks

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1 The C corporation tax rate is significantly lower than the top individual marginal tax rate TRUE 2 Owners who work for entities taxed as a partnership receive guaranteed payments as compensation The guaranteed See Answer

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