Estates can now request late portability election relief for 5 years

Estates can now request late portability election relief for 5 years

The IRS extended to five years the period under which a taxpayer can use a simplified method (in lieu of a letter ruling request) to obtain an extension of time to make a portability election.
Source: JOA News
Read More here – Estates can now request late portability election relief for 5 years