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Author Question: Which of the following statements regarding voluntary revocation of the S election isincorrect? (Read 144 times)

xclash

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Which of the following statements regarding voluntary revocation of the S election is incorrect?
◦ In order for the revocation to be effective retroactively to the first day of the tax year, the revocation must be filed by March 15 of the affected year.
◦ All of the shareholders must consent to the revocation.
◦ The corporation cannot reelect S corporation status for five years.
◦ The revocation can provide a specified effective date to occur mid-year, requiring two tax returns to be filed for the year.


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Marked as best answer by xclash on Sep 13, 2020

meganmoser117

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xclash

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Reply 2 on: Sep 13, 2020
:D TYSM


frankwu0507

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Reply 3 on: Yesterday
Gracias!

 

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