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    Taxation of Business Entities
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    Exam 11: S Corporations
  5. Question
    To Make an S Election Effective as of the Beginning
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To Make an S Election Effective as of the Beginning

Question 43

Question 43

True/False

To make an S election effective as of the beginning of the current year, an S corporation must file IRS Form 2553 within 3½ months after the beginning of the year.

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