What is the number of taxpayers identified

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Question - Taylor Wells, a U.S. citizen and resident of Wisconsin, owns 100% of the stock of TW Services, Inc. which is incorporated under Wisconsin law and conducts a business operation exclusively within the state. TW Services, Inc. owns 100% of the stock of TW Realty, Inc., which is incorporated under Illinois law and conducts business exclusively in Chicago. Both TW Services, Inc. and TW Realty, Inc. are C corporations for federal income tax purposes, and they file separate returns. For federal income tax purposes, what is the number of taxpayers identified in the above statement of facts?

Reference no: EM132019352

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