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9- If Harry and Kerry (each a 35-percent shareholder) file a revocation on April 14, 2019 to terminate their S corporations S election, what is

9-

If Harry and Kerry (each a 35-percent shareholder) file a revocation on April 14, 2019 to terminate their S corporations S election, what is the effective date of the S corporation termination (assuming they do not specify one)? The S corporation has a calendar year end.

Multiple Choice

None of the choices are correct.
April 14, 2019
April 14, 2020
January 1, 2020
January 1, 2019

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