Question: Which statement is incorrect with respect to filing an S election? a. Form 2553 must be filed. b. All shareholders must consent. c. The election
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Which statement is incorrect with respect to filing an S election?
a. Form 2553 must be filed.
b. All shareholders must consent.
c. The election may be filed in the previous year.
d. An extension of time is available for filing Form 2553.
e. None of the above is incorrect.
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