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Why doesn't Proseries have a pre-built election for Reg. 1.199A-4(c)(2)?

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Level 1

Apologies for not giving more background to my question.  I understand that an election to aggregate entities for QBI purposes is required.  Here is a snippet from the media.law.miami.edu.  

"For individuals, a statement is to be attached to the individual’s tax return identifying the trades or businesses to be aggregated by providing for each, (1) a description, name and EIN, (2) information about any that were formed, acquired, ceased to do business, or were disposed of, (3) information identifying any trades or businesses that were aggregated by an RPE of which the individual is an owner, and (4) “such other information as the Commissioner may require in forms, instructions, or other published guidance.” Treas. Reg. § 1.199A-4(c)(2)(i)."

I can't find an election or specific statement to for the return.  I suppose I could use a blank statement and input the information but it seem's like their should already be such an election that self-populates and you can key in the other required information.  

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Highlighted
Level 15

Because?

If you want an official answer you are going to have to call Intuit and ask them.

Wear a mask - the grandma you save could be your own.

View solution in original post

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1 Reply 1
Highlighted
Level 15

Because?

If you want an official answer you are going to have to call Intuit and ask them.

Wear a mask - the grandma you save could be your own.

View solution in original post

0 Cheers