Question: AAA, Inc., BBB , Inc. and CCC , Inc. formed Jackson Hostile, a partnership, on January 1 , 2 0 2 5 . AAA, Inc.

AAA, Inc., BBB, Inc. and CCC, Inc. formed Jackson Hostile, a partnership, on January 1,2025. AAA, Inc. is a 50% partner and the other two partners are 25% partners each. AAA, Inc. uses a fiscal year for tax reporting having a year end of October 31. BBB, Inc. uses the calendar year for reporting and CCC, Inc. uses a fiscal year with a year end of February 28/29.
Explain how (calculations not required) the required year end of Jackson Hostile is determined.

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