rbynaker
Level 14
12-19-2022
04:48 PM
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Income goes on 2019. A lump-sum election may reduce 2019 tax. See Lump-Sum Election starting at the very bottom of page 10:
https://www.irs.gov/pub/irs-prior/p915--2019.pdf
I don't know the timing requirements for the election. It might need to be done on a timely filed return.