Question
6.The check-the-box regulations a.can convert a Subchapter J trust to a C corporation for income taxation. b.have no effect on changing the character of Subchapter
6.The check-the-box regulations a.can convert a Subchapter J trust to a C corporation for income taxation. b.have no effect on changing the character of Subchapter J trusts. c.cannot be used for a trust but can be used for an estate. d.can convert a Subchapter J trust to a general partnership for income taxation.
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Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
