Does anyone know for certain if the ProSeries tax package for an 1120 will e-file the IRC Section 195 Start-Up cost statement (or is it required to be attached as a pdf)?
A while back, there were notices from Intuit that not all election statements were automatically e-filed and had to be attached as a pdf instead. Does anyone know the status for the IRC Section 195 election in the package. Is there a link to identify which elections are e-fileable and which ones are not?
Thank you in advance.
Thanks.....that would be logical but hasn't always been the case. For example, 663(b) elections for trusts. Any idea if ProSeries has a list somewhere of 'what's in and what's out' for election statements and efiling? I'd even settle with a "*" on the "IRC Elections Summary." [Not to be picky but the number's large.] Appreciate it.
Are you electing to capitalize ALL of the costs?
If not, I don't think you need an election statement if you are just doing the usual $5,000-$50,000 and amortizing the rest.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.