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Which of the following events will cause the termination of an S election? The corporation no longer qualifies as a small business corporationA new shareholder

Which of the following events will cause the termination of an S election?

The corporation no longer qualifies as a small business corporationA new shareholder owning more than one-half of the stock affirmatively refuses to consent to the electionThe corporation does not meet the passive investment income limitationShareholders owning 60% of shares (voting and nonvoting) voluntarily revoke the electionAll of the above

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