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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?

poolcleaner
Level 9
 
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PhoebeRoberts
Level 11
Level 11

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

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PhoebeRoberts
Level 11
Level 11

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

poolcleaner
Level 9
Thank you, Phoebe.  
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