Regarding a corporation’s election for s status, which of the following statements is true?
a. none of the answers are correct.
b. a filed election for s status will be deemed made timely, if it is included with the corporation’s initial filing of its annual report of income on form 1120s.

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Option B is correct

Explanation:

The annual report of income because it would be taxed at corporate tax rate which is part of the requirements for electing s corp status.

the old way of life was represented by superstition, an angry god, and absolute submission to authority. the thinkers of the age of reason ushered in a new way of thinking. this new way championed the accomplishments of humankind. individuals did not have to accept despair. science and reason could bring happiness and progress. kings did not rule by divine right. they had an obligation to their subjects. europeans pondered the implications for nearly a century. americans put them into practice first.

the answer to your question is false can’t remember who he rode with but he rode with sombody