please i need it now Wilco Corporation, a calendar year taxpayer, has been in...
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please i need it now
Wilco Corporation, a calendar year taxpayer, has been in existence for several years. Wilco wants to be treated as an S corporation for 2021 and subsequent years. Which of the following is false Wilco can make the election as late as December of 2021 and it will be effective for 2021. Wilco can make the election between January 1 through March 15, 2021 and it will be effective for 2021. If the corporation makes the election after March 15, 2021, it must wait until 2022 to become effective. Wilco can make the election any time during 2020 and it will be effective for 2021
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