Timing the effective date of the election revovation

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Juanita is the sole shareholder of Belize Corporation (a calendar year S corporation). She is considering revoking the S election. It is February 1, year 1. What options does Juanita have for timing the effective date of the S election revovation? Which option would you advise Juanita to take and why?

Reference no: EM131078043

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