Steve owns a Sub-Chapter S Corporation and is one of the major shareholders in the corporation. The company has had a good year

Question

3 years ago

6

Steve owns a Sub-Chapter S Corporation and is one of the major shareholders in the corporation. The company has had a good year

and has realized capital gains which will be distributed to all shareholders. How will these distributions be reported by the shareholders when they file their tax returns?

Social Studies

1 answer:

PIT_PIT [208] · Answer 1 · 2021-12-09T06:43:46+03:00

PIT_PIT [208]3 years ago

4 0

They should be mailed via the Postal Service to Steve whom owns shares of Sub-Chapter S Corporation.

I hope this helped! If so, please mark brainliest!