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Zingy, Inc., a calendar-year S corporation, files a revocation terminating its S status on February 27, 20X4. No date was specified for the termination. The

Zingy, Inc., a calendar-year S corporation, files a revocation terminating its S status on February 27, 20X4. No date was specified for the termination. The IRS will terminate the election, making it effective on which of the following?

A. January 1, 20X4
B. February 27, 20X4
C. March 15, 20X4
D. December 31, 20X4

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