Answered: Section 266 election

sandymc · ‎03-20-2021

I want to make an election under Sec 266 to capitalize the real estate taxes on some raw land. I do not see this election in ProConnect. Anyone else know if it is there an how to find it?

itonewbie · ‎03-20-2021

Under Other > Elections, click on the Other tab, and scroll down to the section for Election to Capitalize Taxes & Carrying Charges.

---------------------------------------------------------------------------------
Still an AllStar

View solution in original post

itonewbie · ‎03-20-2021

Under Other > Elections, click on the Other tab, and scroll down to the section for Election to Capitalize Taxes & Carrying Charges.

---------------------------------------------------------------------------------
Still an AllStar

sandymc · ‎03-22-2021

Yes, thanks! I forget to look up at the top for options and tend to only scroll down the options link page looking for the right place.

Section 266 election

©1997-2024 Intuit, Inc. All rights reserved.

Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

By accessing and using this page you agree to the Terms and Conditions.