If Annie and Andy (each a 30% shareholder in an calendar year S corporation) file...
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Accounting
If Annie and Andy each a shareholder in an calendar year S corporation file a revocation statement on March to terminate their S corporation's S election, what is the effective date of the S corporation termination assuming they do not specify one A January B March C January D March E None of the choices are correct.
If Annie and Andy each a shareholder in an calendar year S corporation file a revocation statement on March to terminate their S corporation's S election, what is the effective date of the S corporation termination assuming they do not specify one
A January
B March
C January
D March
E None of the choices are correct.
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