S corporation
noun
US law
: a small business corporation that is treated for federal tax purposes as a partnership
Because MDY is an S corporation, all net income is considered the owners' taxable income.—
Jill Andresky Fraser
Jill Andresky FraserExamples of S corporation in a Sentence
Recent Examples on the Web
Tax returns: Tax returns for the past two years and any tax forms relating to your business, including Schedule C for LLCs, Form 1065 for partnerships and Form 1120 for C or S corporations.
—Kelsey Neubauer, CNBC, 29 Sep. 2025
Deduction Sole proprietors and owners of pass-through businesses like limited liability corporations (LLCs), S corporations, and partnerships may be eligible for a deduction of up to 20% to lower the tax rate for qualified business income.
—Kelly Phillips Erb, Forbes.com, 11 Sep. 2025
Permanent and enhanced tax deductions Qualified Business Income (QBI) deduction: The 20% deduction for qualified business income, crucial for pass-through entities (sole proprietorships, partnerships, S corporations), is made permanent.
—Sydney Lake, Fortune, 8 July 2025
Among the various business tax provisions, small businesses, including partnerships and S corporations, will be able to subtract 23% of their qualified business income from their taxes.
—Kevin Freking, Los Angeles Times, 21 May 2025
So if an S corporation borrows from a bank, if a shareholder guarantees an S corporation's bank debt, none of that moves the needle for an S corp shareholder.
—Tax Notes Staff, Forbes, 4 Mar. 2025
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Kelsey Neubauer, CNBC, 29 Sep. 2025
Deduction Sole proprietors and owners of pass-through businesses like limited liability corporations (LLCs), S corporations, and partnerships may be eligible for a deduction of up to 20% to lower the tax rate for qualified business income.
—Kelly Phillips Erb, Forbes.com, 11 Sep. 2025
Permanent and enhanced tax deductions Qualified Business Income (QBI) deduction: The 20% deduction for qualified business income, crucial for pass-through entities (sole proprietorships, partnerships, S corporations), is made permanent.
—Sydney Lake, Fortune, 8 July 2025
Among the various business tax provisions, small businesses, including partnerships and S corporations, will be able to subtract 23% of their qualified business income from their taxes.
—Kevin Freking, Los Angeles Times, 21 May 2025
So if an S corporation borrows from a bank, if a shareholder guarantees an S corporation's bank debt, none of that moves the needle for an S corp shareholder.
—Tax Notes Staff, Forbes, 4 Mar. 2025
Cite this Entry
“S corporation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/S%20corporation. Accessed 20 Oct. 2025.
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