Question: TB MC Qu . 1 5 - 6 8 ( Static ) What tax year - end must an unincorporated... What tax year - end

TB MC Qu.15-68(Static) What tax year-end must an unincorporated...
What tax year-end must an unincorporated entity with only one owner adopt?
Multiple Choice
The entity is free to adopt any tax year-end.
The entity must adopt the same year-end as its owner.
The entity must adopt a calendar year-end.
The entity may adopt any year-end except for a calendar year-end.

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