Three members form an LLC in the current year. Which of the following statements is incorrect?
A. The LLC can elect to be taxed as a C corporation with no special tax consequences.
B. If the LLC elects to use its default classification, it can elect to change its status to being taxed as a C corporation beginning with the third tax year after the initial classification.
C. The LLC's default classification under the check-the-box rules is as a partnership.
D. The LLC can elect to have its default classification ignored.