@rwom1217 wrote:
Also, my original question was that it was allowed at all, which it sounds like it is.
Once an election is made for a tax year, it is irrevocable.
How that is applied to amending returns for prior tax years might be an open issue.
I'll page @AmeliesUncle for input on that issue, but it appears to me that if it is, in fact, irrevocable, it would not be able to be changed at a later date (such as on an amended return). @AmeliesUncle?
