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Get your taxes done using TurboTax
@Mike9241 wrote:
There is nothing in the code or regulations that mentions the need to submit a letter from the broker with the filing of the election so who told you this?
I believe @tknewman is referring to some sort of approval (or consent) from the IRS for the election, which is not required unless a previous election was revoked and then another election is made (within a certain period of time after the revocation).
‎December 13, 2023
8:54 AM