On June 30 of the Current Year, the S Election

question 5

Multiple Choice

On June 30 of the current year, the S election of Great Corporation is terminated, thus creating a six-month S short year and a six-month C short year. Great Corporation is a calendar-year taxpayer. The S short-year return is due

• A)September 15.
• B)December 15.
• C)March 15 of the next year.
• D)June 30 of the next year.

---

Definitions:

Antisocialization

A process through which individuals learn behaviors and attitudes that are against societal norms, leading to negative social outcomes.

Injunctive Norms

Norms that specify what most others approve or disapprove of.

Cheating

The act of being dishonest or unfair in order to gain an advantage, especially in a game or examination.

Employees

Individuals who are hired to perform tasks or services for payment under an employment contract.