Michelle and Helen, both calendar year taxpayer each owns a 20% interns in Partnership LMN. Frederick, Inc. whose fiscal year ends on May 30th owns a 60% interest in Partnership LMN. Partnership LMN has not established a business purpose for using a different tax year nor has it made a fiscal yeat tax year election. On what date will Partnership LMN require tax year end?

April 15th

May 30th

June 30th

December 31st