4. LO.1 For calendar year 2010, Mario filed a Form 8332 and elected to treat his sole...

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4. LO.1 For calendar year 2010, Mario filed a Form 8332 and elected to treat his sole proprietorship as a C corporation. For 2013, he wants to revert back to a sole proprietorship for tax purposes.

a. Why might Mario want to make the change?

b. Is this change permitted under the check-the-box Regulations?

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South-Western Federal Taxation 2014 Corporations Partnerships Estates And Trusts

ISBN: 9781285424484

37th Edition

Authors: William H. Hoffman Jr., William A. Raabe, James E. Smith, David M. Maloney, James C. Young

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Question Posted: Sep 06, 2024 11:01 AM

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4. LO.1 For calendar year 2010, Mario filed a Form 8332 and elected to treat his sole...

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South-Western Federal Taxation 2014 Corporations Partnerships Estates And Trusts

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