Question: It is now June 1 5 , 2 0 2 2 , and the Bings are trying to determine if an S election should be

It is now June 15,2022, and the Bings are trying to determine if an S election should be made for Bing or not. They have heard that if an S election is desired that it needs to be made by a certain date in order to be effective for the current year. As a result, they have come to you with the following thoughts/questions:

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