luisguerrero55
Level 1
12-07-2019
10:13 AM
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Best Answer Click here
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sjrcpa
Level 15
12-07-2019
10:13 AM
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Taxpayer could be both. 1 is new this year.
The more I know the more I don’t know.
aortiz
Level 1
12-07-2019
10:13 AM
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My understanding is that all Cat 5 filers are also Cat 1 filers, however, Cat 1 filers additionally include domestic US corporations (not individuals) that are US Shareholders (10% or more) of a non CFC's. That is >10% but < 51%.
