Question: On February 1 0 , 2 0 2 4 , Ace Corp., a calendar - year corporation, elected S corporation status, and all shareholders consented

On February10,2024, Ace Corp., a calendar-year corporation, elected Scorporation status, and all shareholders consented to the election. There was no change in shareholders in 2024. Ace met all eligibility requirements for Sstatus during the pre-election portion of the year. What is the earliest date on which Ace can be recognized as an Scorporation?
February 10,2025.
January 1,2025.
January 1,2024.
February 10,2024.

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