A Partnership, S Corporation or Personal Service Corporation Can Elect

A partnership, S corporation or personal service corporation can elect to use a tax year other than its required tax year, if it:

A) Elects a year that meets the deferral period requirement
B) Is not a member of a tiered structure as defined by the regulations
C) Has not previously had an election in effect to use a tax year other than its required tax year
D) All of the above