Accounting If X co., a calendar year taxpayer, qualifies as an S corp. and an S election

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Question:

Accounting If X co., a calendar year taxpayer, qualifies as an S corp. and an S election is made and properly consented to by all shareholders on March 15, 20X0, then X co.’s S corp. tax year begins: a. January 1, 20X0 b. March 15, 20X0 c. January 1, 20X1 d. None of the above