Concerning Short Taxable Years and Final Tax Years, with which comment do you disagree? Question 10 options: If a taxpayer changes its annual accounting period, and it changes its taxable year to conform, a separate return is necessary for the short period of less than 12 months beginning with the day following the close of the old taxable year and ending with the day preceding the first day of the new taxable year If the tax for the short period were computed without any special procedures, the non-corporate taxpayer would typically realize something of a tax windfall for the short period as a result of the progressive rate structure It is possible for a corporation dissolved under the state law to continue business after formal dissolution with little or no change in its form of organization. If a corporation's business continues under those circumstances after the expiration of its charter or the termination of its existence under state law, it is generally treated as an association taxable as a corporation. Final return of a decedent is a short taxable year, and the annualization computations are required just as any other type of short taxable year

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Based on the provided information I disagree with the following comment If the tax for the short per... View the full answer