mochimoch4437 mochimoch4437

19-04-2024
Business

Answered

Final Corporation, a calendar-year corporation, incorporated and began business operations on January 1, 2023. Final Corporation made a valid S corporation election on March 1, 2023, with the unanimous consent of its shareholders. Final Corporation met the eligibility requirements to be an S Corporation on January 1, 2023 and the eligibility requirements continued to be met throughout 2023. Which of the following dates did Final Corporation's S corporation election become effective?
a) January 1, 2023.
b) March 1, 2023.
c) March 15, 2023.
d) December 31, 2023.
e) January 1, 2024

Answer :

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