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Business & farm
Hi @Rick19744, Thanks for Replying.
The question (issue really) is, we are given a choice to elect out of something (or not), but no guidance as to what the advantages or consequences are for the choice that we make.
They (TurboTax) could have explained that the form has just been released, and that they will provide guidance soon.
The link to the IRS instructions are also not much help, in guiding a person who has never heard of this option, to make an intelligent decision as to what the advantages/consequences are for either choice.
The instructions you provided would have been at least a step in the right direction for them to include!
The question (issue really) is, we are given a choice to elect out of something (or not), but no guidance as to what the advantages or consequences are for the choice that we make.
They (TurboTax) could have explained that the form has just been released, and that they will provide guidance soon.
The link to the IRS instructions are also not much help, in guiding a person who has never heard of this option, to make an intelligent decision as to what the advantages/consequences are for either choice.
The instructions you provided would have been at least a step in the right direction for them to include!
‎June 3, 2019
4:37 PM