What Tax Year-End Must an Unincorporated Entity with Only One

question 67

Multiple Choice

What tax year-end must an unincorporated entity with only one owner adopt?

• A)The entity is free to adopt any tax year-end.
• B)The entity must adopt the same year-end as its owner.
• C)The entity must adopt a calendar year-end.
• D)The entity may adopt any year-end except for a calendar year-end.

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