Anonymous
Not applicable

After you file

@GeorgeM777 thank you for this reply.  If I understand correctly we cannot elect out of BBA as we are not a Qualified Opportunity Plan (question 25 on 1065 Schedule B).  Rather we are a two person partnership and the income passes through to our individual 1040 forms.  So further, if I understand correctly we will never be able to file the simple Amended 1065.  Correct?