What entities is an example of a pass-through entity


Problem: Which of the following entities is an example of a pass-through entity? Basic Foods is a C corporation that provides fresh produce to regional chain restaurants. Michael is a book editor. He is a self-taught photographer, and in his spare time he takes pictures of local youth sports teams. Sometimes he does photo shoots as a favor for friends, and other times he collects a small cash fee. He has no plans to grow or develop the photography into anything more than a fun side gig. His total earnings last year were less than $200. Wu Media is a local advertising agency. They provide services to many different business types. After being founded by Min Wu many years ago, the company was converted to a C corporation in 2011. Victor Housland passed away in 2022, leaving various investments to his beneficiaries. The executor of the Estate of Victor Housland will file Form 1041

 

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