Jones is a sole proprietorship. He would like to be taxed as a corporation for federal tax

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Jones is a sole proprietorship. He would like to be taxed as a corporation for federal tax purposes. Jones may become a corporation by:

a. Filing a corporate return for this year

b. Timely filing Form 7701 and attaching it to this year's return

c. Timely filing Form 8832 and attaching it to this year's return

d. He cannot be taxed as a corporation

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 04:01 AM

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Jones is a sole proprietorship. He would like to be taxed as a corporation for federal tax

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c Timely filing Form 8832 and attaching it to this ...View the full answer

CCH Federal Taxation 2019 Comprehensive Topics

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