§ 469(a)(2)

Taxpayer described in (a)(2)

UNDECIDED

0 of 3 settled

  1. 1

    § 469(a)(2)

    ANY OF
    “any individual, estate, or trust”
    “any closely held C corporation” needs Step 2 Closely held C corporation UNDECIDED
    “any personal service corporation” needs Step 3 treated as personal service corporation UNDECIDED
    Research 1
  2. 2

    § 469(j)(1)

    Closely held C corporation

    ALL OF
    “any C corporation described in section 465(a)(1)(B)”
  3. 3

    § 469(j)(2)

    treated as personal service corporation

    ALL OF
    “has the meaning given such term by section 269A(b)(1)”
    “more than 10 percent of the stock (by value) in such corporation is held by employee-owners (within the meaning of section 269A(b)(2), as modified by the preceding sentence)”