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​Which Statement Is Incorrect with Respect to Filing for an S

Question 24

Multiple Choice

​Which statement is incorrect with respect to filing for an S election?


A) ​Form 2553 must be filed.
B) ​All shareholders must consent.
C) ​The election may not 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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