If a Corporation Would Like a Subchapter S Election to Be

question 95

Multiple Choice

If a corporation would like a Subchapter S election to be valid for the current year,a Form 2553 must be filed:

• A)Before the 15^th day of the third month of the current fiscal year.
• B)Before the 15^th day of the fourth month of the current fiscal year.
• C)In the prior fiscal year.
• D)Before the 15^th day of the third month of the current fiscal year or in the prior fiscal year.