itonewbie
Level 15
05-03-2022
11:27 AM
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Re-org issues aside, the corporation's tax year continues regardless of Chapter 11. Unlike individuals, there is no election for short tax year. You may like to refer to Pub 908 for reference if you haven't already:
https://www.irs.gov/publications/p908#en_US_202202_publink1000273351
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Still an AllStar
Still an AllStar
