643 (e) (3) election

[Gbird101]

I am ready to file form 1041, but still need to troubleshoot 1 item -

The box for 643 (e) (3) election is not checked on page 2. IRS instructions indicated including Schedule D form with return and attaching a statement indicating the Estate would like to make this election.

I'm a bit confused. Could someone clarify?

thanks for your help...

[M-MTax]

Do you want to make this election for the estate?

That means the estate would recognize any gain on the sale of estate property and then distribute it, in-kind, to the beneficiaries at FMV.