Hi Java_and_Jazz,

Thanks for your reply.  I posted this question in the ProSeries Facebook group and got no response at all. I also noticed where someone posted the same question on this forum a week ago and got no response. Or was that you?  Anyway, I checked the box "No" on Schedule D, line 20 like you said.  That works, but it also confirms that there is no advantage in taking the election at all (in my client's case) so I just deleted the election amount on the 4952.  I'll just carry it over again. Maybe some day he'll have investment income that doesn't qualify for QD or LTCG treatment. Thanks again, and thanks for reporting it to ProSeries!