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2012 Chesapeake Energy Political Giving2012 Chesapeake Energy Political Giving2012 PAC ContributionsCalendar Year, Not Election Cycle Calendar Year, Not Election Cycle RecipientStatePartyTotal ContributionRecipient PAC
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Calendar year not election is a tax status that may be chosen by certain organizations to have their tax year follow the calendar year, regardless of their original tax year.
Certain organizations may be required to file calendar year not election if they want to change their tax year to follow the calendar year.
To fill out calendar year not election, organizations must submit Form 1128 to the IRS, providing information on their current tax year and the desired calendar tax year.
The purpose of calendar year not election is to align an organization's tax year with the calendar year, simplifying tax planning and reporting.
On calendar year not election, organizations must report their current tax year end date, the desired new tax year start date, and the reason for the requested change.
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