Xeno Corporation was formed in 2009 and adopted a calendar year. In 2012, it switched to a ﬁscal year beginning April 1. fte only available information is for January 1 through March 31. Taxable income for the three months was $23,000. Determine Xeno's tax liability for the short period. When is the short period's tax return due? Is there any relief available to Xeno Corporation?

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The Answer of Xeno Corporation was formed in 2009 and adopted a calendar year. In 2012, it switched to a ﬁscal year beginning April 1. fte only available information is for January 1 through March 31. Taxable income for the three months was $23,000. Determine Xeno's tax liability for the short period. When is the short period's tax return due? Is there any relief available to Xeno Corporation?

Xeno Corporation Was Formed in 2009 and Adopted a Calendar