Which of the following statements regarding a 52-53 week tax year is not correct?
A) The year-end must be the same day of the week in all years.
B) Some tax years will include more than 366 calendar days.
C) Whether the particular tax year includes 52 weeks or 53 weeks is not elective.
D) All of the above are correct.
E) None of the above is correct.
Correct Answer:
Verified
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