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Jane is the sole proprietorship of Jane's Gems, a jewelry store. She has decided that she would like to seek S corporation tax status. Which

Jane is the sole proprietorship of Jane's Gems, a jewelry store. She has decided that she would like to seek S corporation tax status. Which of the following must Jane do first? A. File form 2553. B. Incorporate under the rules of her stare. C. File form 1120-S. D. Provide a notice of intent to incorporate to the IRS.

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