Question: Which statement is incorrect with respect to filing an S Corp election? Question 7 options: A. Form 2553 must be filed with the IRS. B.

Which statement is incorrect with respect to filing an S Corp election? Question 7 options: A. Form 2553 must be filed with the IRS. B. All shareholders must consent to the S Corp election. C. The election applies to the current year if filed in January. D. The election applies to the following year if filed in June. E. The election applies to the current year regardless of when it is filed

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