How Does a Partnership Make a Tax Election for the Current

question 56

Multiple Choice

How does a partnership make a tax election for the current year?

• A) Partnerships make certain tax elections by filing a separate form with the IRS.
• B) Partnerships do not make tax elections. Partners must make tax elections separately.
• C) Both Partnerships make certain elections automatically by simply filing their returns and Partnerships make certain tax elections by filing a separate form with the IRS.
• D) Partnerships make certain elections automatically by simply filing their returns.
• E) Partnerships do not need to file anything to make a tax election.

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