Carl
Level 15

Investors & landlords

it sounds like I can still do my taxes through turbo tax, print and then send with a statement is that correct?

Yes, you can do that. Then the election remains permanent for every year after, provided you continue to meet the requirements each year after.

I'm not clear on exactly how to hand things in a future year, if for some reason let's say you don't meet the requirements in 2023. I'm also not clear that if say for example, you don't qualify in 2023, but do qualify in 2024. Do you have to make the election again with a new statement? I'm not sure.