MichaelN30
Level 3
02-01-2021
03:32 PM
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This for an Electing 163(j) residential Real Estate Owner; I don't believe a Form 3115 is necessary. The taxpayer's election has been in place for 2 years already. It's a change in the IRS recovery period; not the taxpayer's. Tried manual override; didn't work. Error messages. Probably won't allow efile.