Question: If an S election is terminated, a corporation (or its successor) may make another election by filing another Form 2553 with IRS consent for any
If an S election is terminated, a corporation (or its successor) may make another election by filing another Form 2553 with IRS consent for any tax year before the tax year after the
year the termination became effective.
a) Fifth; first
b) Fifth; second
c) First; fifth
d) First; second
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