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On August 31 of the current year, the S election of Station thus creating an eight-month S short year and a four-month C short year. Station Corporation is a calendar-year taxpayer. The S short year return is due O March 15 of the next year. September 15. June 30 of the next year.

On August 31 of the current year, the S election of Station thus creating an eight-month S short year and a four-month C short year. Station Corporation is a calendar-year taxpayer. The S short year return is due O March 15 of the next year. September 15. June 30 of the next year.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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On August 31 of the current year, the S election of Station Corporation is terminated thus creating an eight-month S short year and a four-month C short year. Station Corporation is a calendar-year taxpayer. The S short year return is due O March 15 of the next year. September 15. June 30 of the next year. December 15.
Transcribed Image Text:On August 31 of the current year, the S election of Station Corporation is terminated thus creating an eight-month S short year and a four-month C short year. Station Corporation is a calendar-year taxpayer. The S short year return is due O March 15 of the next year. September 15. June 30 of the next year. December 15.
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