Question: On December 1 , Year 1 , Bob elected to terminate his corporation s S status, effective January 1 , Year 2 . Bob owns

On December 1, Year 1, Bob elected to terminate his corporations S status, effective January 1, Year 2. Bob owns 55% of the corporations stock. If Bob changes his mind, what is the earliest date that Bob could have his S corporation status reinstated without IRS consent

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