To make an S election effective as of the beginning of the current year, an S corporation must file IRS Form 2553 within 3½ months after the beginning of the year.
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Q7: If an S corporation never operated as
Q11: The same exact requirements for forming and
Q13: The specific identification method is a method
Q16: If an S corporation shareholder sells her
Q19: An S election is terminated if the
Q24: For S corporations with earnings and profits
Q25: When an S corporation distributes appreciated property
Q33: S corporations are not entitled to a
Q36: An S corporation shareholder's allocable share of
Q37: Similar to an S corporation shareholder's stock
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