MTM Section 475(f) Election

[user17728988435]

I am using the download version of TurboTax Home and Business. I want to elect MTM accounting for 2026. How do I attach my 475(f) election statement to this year's 2025 return so I can file my 2025 return electronically?

[user17728988435]

Just got off of the phone with a TurboTax rep. She said, even with the Home and Business version, TurboTax does not offer a way to attach the 475(f) election statement to my 2025 return electronically. She said I would have to print out the return and mail it in. What a disappointment!

[Mike9241]

for decades there has been no way to attach an external document to TurboTax. I don't expect this to change in the next 50 years.