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Deductions & credits
@KPDualie73 wrote:It is not for my business but for personal unimproved property.
That is not the 1.263(a)-3(n) election. You are looking for the 1.266-1 election. That must be done every year. I strongly suspect that is not in TurboTax, and you would need to manually make the statement and attach it your mailed tax return.
‎December 27, 2020
1:20 PM