Lesson 6A-In Class Exercise-Attribution Rules 
I.  Family Attribution:  
Harry, his wife Wilma, their son Steve and Harry’s father Frank each own 25 of the 100 outstanding shares of Strong Corporation.  How many shares of Strong is each individual considered to own after applying the family attributions rules?

II. Attribution From Entities:
Bill, who is married, has a 50% interest in a partnership.  The partnership owns 40 of the 100 outstanding shares of Yellow Corporation stock, and Bill owns the remaining 60 shares.  How many shares of Yellow is Bill considered to own after the application of the attribution rules?

III. Attribution to Entities: 
Assume the same facts as above.  How many shares is the partnership considered to own after application of the attribution rules?

IV. Special Rule for Attribution from/to Corporations
How would your answer to II and III change if the entity that Bill has a 50% interest in is a corporation rather than a partnership?