### Question
What does pass-thru entity mean?


### Answer
**Pass-thru entity** has the following meaning in *26 U.S.C. § 1281*:

> any partnership, S corporation, trust, or other pass-thru entity

#### Citation:
  - *26 U.S.C. § 1281*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter P-Capital Gains and Losses > PART V-SPECIAL RULES FOR BONDS AND OTHER DEBT INSTRUMENTS > Subpart C-Discount on Short-Term Obligations**

