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gemma is the sole proprietor of Gemma's Gems a jewelry store. she decided that she would like to seek S corp tax status. Which of

gemma is the sole proprietor of Gemma's Gems a jewelry store. she decided that she would like to seek S corp tax status. Which of the following should Gemma do first (1) file form 1120-S. (2) file form 2553. (3) incorporate under the rules of her state. (4) Provide a notice of intent to incorporate to the IRS.

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