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Corporate Tax Mutiple Choice Question: If X co., a calendar year taxpayer, qualifies as an S corp. and an S election is made and properly
Corporate Tax Mutiple Choice Question: If X co., a calendar year taxpayer, qualifies as an S corp. and an S election is made and properly consented to by all shareholders on March 15, 20X0, then X co.s S corp. tax year begins: a. January 1, 20X0; b. March 15, 20X0; c. January 1, 20X1; d. None of the above
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