Johns Creek, LLC, has several individual and corporate members. Alex and Jack, individuals with 4/30 year-ends, each have a 23 percent profits and capital interest. MMI, Incorporated, a corporation with a 6/30 year-end, owns a 4 percent profits and capital interest, while DLL, Incorporated, a corporation with an 8/30 year-end, owns a 4.9 percent profits and capital interest. Finally, 30 other calendar year-end individual partners (each with less than a 2 percent profits and capital interest) own the remaining 45 percent of the profits and capital interests in Johns Creek. What tax year-end should Johns Creek use, and which test or rule requires this year-end?

Question 11 options:

	4/30, least aggregate deferral test
	4/30, principal partners test
	12/31, principal partners test
	12/31, least aggregate deferral test