Match the IRS Forms/ IRS Code sections/ or Accountant Standards below:

Group of answer choices

ASC 450

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 721

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 704(d)

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 469

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 1362

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 444

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 1374

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

IRC Section 1375

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

Form 2553

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves

Schedule K-1

[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves