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Can I elect out on a amended return and is that allowed ?
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TaxGuyBill,Thanks for your response, cant seem to find any IRS authority on this, do you kow of any. Current notices seem to apply to 2017, 18,19 and is confusi...
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Can I change from Bonus Depreciation to Regular MACRS Depreciation by filing an amended return for a 2021 tax return ?Is a form 3115 Required ?
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Jack,Does employee retention credit reduce basis in an S corp ?
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I am referring to the individual return where additional basis is provided by officer W-2 wages( is it not?) allowing SEC 179 to be taken. But form 7203 thakes ...
