Question 27 of 30. Certain adjustments and recording periods have been changed in cases where an S corporation revokes its S corporation status. Eligible entities must meet all of the following criteria EXCEPT: At the date of revocation, be comprised otf all of the same owners as those owners on December 22, 2017, and their ownership shares are in identical proportion on each of these dates. On December 22, 2017, and for two years following, have revoked their S corporation status Have been an S corporation on December 31, 2016 Have been an S corporation on December 21, 2017 Mark for follow up Save Return Later Back Summary Next e Type here to search