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Jon Avery starts an unincorporated business on December 1, 2020. Which of the following statements is correct with respect to Jon's taxation year end? Select

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Jon Avery starts an unincorporated business on December 1, 2020. Which of the following statements is correct with respect to Jon's taxation year end? Select one O A Jon must select November 30 as his taxation year end. B. Jon can choose any date for his year end. However, if Jon chooses a non-calendar year end he will have to report income for his first two fiscal years in his 2021 tax return OC. Jon must select December 31 as his taxation year end. OD. Jon can choose any date for his year end. However, if Jon chooses a non-calendar year end he will have to adjust his income by an amount referred to as "additional business income". Clear my choice

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