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The XYZ Partnership is being formed by three partners. Their ownership in the partnership, and tax year ends are listed below. Using the least aggregate

The XYZ Partnership is being formed by three partners. Their ownership in the

partnership, and tax year ends are listed below. Using the least aggregate deferral

method in the table below, determine which tax year the partnership can elect.

Which tax year can the partnership elect without IRS permission?

\frac{6}{30}

\frac{9}{30}

\frac{12}{31} ?

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