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Which of the fllowing statements is correct once IRC Section 86(e)(1)(B) for Social Securtiy benefits is elected? A It is irrevocable. B It is irrevocable
Which of the fllowing statements is correct once IRC Section 86(e)(1)(B) for Social Securtiy benefits is elected?
A It is irrevocable. B It is irrevocable without the consent of the Secretary C. It is revocable by making an adjustment on the current year tax return. D. It is revocable by simply filing an amended tax return.
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