under IRC 266 and REG 1.266-1 an anuual election was required to treat the taxes as part of the capital cost.
A taxpayer who owns unimproved and unproductive real estate can elect to capitalize annual taxes, interest on a mortgage, and other carrying charges.
- The election must be made annually with the original return.
- The election requires a statement in the taxpayer's return describing the property and the expenses to which the election applies.
at best if you have not yet file the 2022 return you could make the elction for the 2022 taxes (prior year's are lost).
