The maximum number of shareholders that are allowed in a Subchapter S corporation is:

A) 50.
B) 75.
C) 100.
D) 500.

Subchapter S Corporation

A type of corporation created through an IRS tax election to pass corporate income, losses, deductions, and credits through to shareholders for federal tax purposes.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them a right to a portion of the corporation's profits and assets.