How do I add an election statement to form 1040?
Election to Combine Rental Real Estate Interests Into One Activity Pursuant to Code Sec. 469(c)(7)(A) and Reg. §1.469-9(g)(1)
[Taxpayer Name]
[Taxpayer Address]
[Taxpayer City], [Taxpayer State] [ZIP Code]
Identification Number: [Fed. ID#]
Tax Year End: [Year End]
[Taxpayer Name] hereby elects to combine all rental real estate interests into one activity pursuant to Code Sec. 469(c)(7)(A) and Reg. §1.469-9(g)(1). For the tax year ending [Year End], [Taxpayer Name] was a "qualifying taxpayer," as defined by Code Sec. 469(c)(7)(B).
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You can use the Blank Form in a desktop version of TurboTax (Forms Mode).
Note that you will have to print and mail your return.
You can use the Blank Form in a desktop version of TurboTax (Forms Mode).
Note that you will have to print and mail your return.
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