Question: Item 5 0 . 5 8 points References Check my workCheck My Work button is now disabled 1 Item 5 TB MC Qu . 1

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TB MC Qu.11-56(Static) Suppose a calendar-year C corporation...
Suppose a calendar-year C corporation, New Corporation, Incorporated, was formed on January 1,2024, and all of the shareholders (Hassell, Richie Cunningham, and Arnold's, Incorporated, a C corporation) filed a Form 2553 to elect S corporation status on April 14,2024. When is the S election effective?

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