Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

If you have made an election in the past to group activities under §1.469-4(c), is it necessary to make a new aggregate election for 199A for the same taxpayer?

Highlighted
Level 8
 
Labels (1)
0 Cheers
1 Solution

Accepted Solutions
Highlighted

Yes, because the criteria for aggregating are not identical. You are not required to be consistent in the elections, either.

View solution in original post

0 Cheers
2 Replies 2
Highlighted

Yes, because the criteria for aggregating are not identical. You are not required to be consistent in the elections, either.

View solution in original post

0 Cheers
Highlighted
Level 8
Thank you, Phoebe.  
0 Cheers