jer29-11
New Member

Deductions & credits

OK!  I finally was able to retrieve.  Thank you!  The election is to defer, but it is asking me when i purchased replacement property - and I am using my deferral period (2 years) to replace... so I have a more IRS technical question.  Do i use the form for both the year I defer and the year I replace, or do I just use the form for the year I replace.  Tax season is not fun!