X corporation forms a limited liability company (LLC) in which X is the only owner. For federal

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X corporation forms a limited liability company (LLC) in which X is the only owner. For federal tax purposes, per the "check-the-box" regulations, the LLC will be treated as:

A. A branch or division of X unless an election is made to treat the LLC as a corporation

B. A corporation, unless an election is made to treat the LLC as a partnership

C. A partnership, unless an election is made to treat the LLC as a corporation

D. None of the above

Related Book For answer-question

Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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Posted Date: Jan 04, 2024 12:10 AM

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X corporation forms a limited liability company (LLC) in which X is the only owner. For federal

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Payroll Accounting 2023

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