What Tax Year-End Must Unincorporated Entities with Only One Owner

question 64

Multiple Choice

What tax year-end must unincorporated entities 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

---

Definitions:

Writing Center

A resource available in many educational institutions providing students with assistance in writing tasks, including tutoring, editing, and feedback.

Revising

The process of reviewing, altering, and amending content or documents with the aim of improving them.

Plagiarism

The act of using someone else's work, ideas, or expressions without proper acknowledgment, thereby falsely presenting them as one's own original work.

Statistics

The branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.