No, there isn't a way to add a blank form with TurboTax Online. If you elected to mail in your return, you could prepare the needed election statement and attach it to your return.
The election can be made in Intuit business software such as ProSeries and ProConnect but not directly in TurboTax.
See IRS Publication 551, Basis of Assets, for more information, under Deducting vs. Capitalizing Costs.
@atrest
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