Factors That Should Be Considered in Making the S Corporation

Multiple Choice

Factors that should be considered in making the S corporation election for the current tax year include the following:

A) Are at least 80% of the shareholders willing to consent to the election?
B) Can the requirements for qualification be satisfied by the due date of the tax return?
C) Will the corporation have total capital not in excess of $1 million?
D) None of the above.
E) All of the above.