elect

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elect

1. voted into office but not yet installed
2. Christianity
a. selected or predestined by God to receive salvation; chosen
b. (as collective noun; preceded by the): the elect
References in periodicals archive ?
Electing large LLCs can treat audit adjustments in one of two ways: 1.
When voters cast ballots in November for those leaders, they will actually be electing a group of representatives called --
If there is both an executor and a trustee, the trustee of the electing trust must timely provide the executor of the related estate with all of the trust information necessary to permit the executor to file a complete, accurate and timely Form 1041 for the combined electing trust and related estate for each taxable year during the election period [Treas.
ELECTING TO RECEIVE IRA distributions over a fixed number of years means the ultimate beneficiaries can continue payments for the remaining fixed number of years the distribution option survives the taxpayer's death.
In several instances, (8) the entity planned to file Form 8832, electing to be treated as a corporation, and Form 2553 to be taxed as an S corporation.
To make an election out, a taxpayer must attach a statement to his or her gift tax return identifying the trust and stating that he or she is electing out of the automatic allocation of GST exemption with respect to the described transfer(s) (the election-out statement).
Of particular interest to her was seeing the present method of electing board members from districts remain in place rather than a return to the at-large elections used before 1978.
The proposed regulations had permitted only two options for electing out of the automatic allocation rules--transferors could elect out as to a current transfer only, or as to a current-year transfer and all future transfers to the same trust.