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A calendar-year S corporation's S election was terminated July 15, 2022, when stock was sold to an ineligible stockholder. The last S-corporation return (Form 1120-S)
A calendar-year S corporation's S election was terminated July 15, 2022, when stock was sold to an ineligible stockholder. The last S-corporation return (Form 1120-S) was filed timely without extension on March 15, 2023. Which one of the following statements CORRECTLY identifies the end of the post-termination transition period based on these facts?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
