Question 5 5 pts The XYZ Partnership is being formed by three partners. Their ownership in the partnership, and tax year ends are listed below. Determine which tax year the partnership can elect without IRS permission. June 30 Sept 30 Dec 31 deferral deferral deferral (# Total months) (# months) Total (# months) Total X 40% 6/30 0 Y 30% 9/30 3 6 3.6 6 2.4 0 0 9 2.7 Z 30% 12/31 6 1.8 3.0 Total 2.7 0 0 5.1 Which tax year can the partnership elect without IRS permission? 6/30 or 9/30 or 12/31?