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AFTER TERMINATIN OR VOLUNTARILY REVOKING S CORPORATION STATUS, A CORPORATION MAY ELECT IT AGAIN, BUT IT GENERALLY MUST WAIT UNTIL THE BEGINNING OF THE 3

AFTER TERMINATIN OR VOLUNTARILY REVOKING S CORPORATION STATUS, A CORPORATION MAY ELECT IT AGAIN, BUT IT GENERALLY MUST WAIT UNTIL THE BEGINNING OF THE 3 RD TAX YEAR AFTER THE TAX YEAR IN WHICH IT TERMINATED THE ELECTION.

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