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dascpa
Level 11
April 3, 2023
Question

Daily Pet Peeves - 1116B and De Minimis Election

  • April 3, 2023
  • 2 replies
  • 14 views

I forget the stupid election every time.  Have to go back.  Why can't there be a button on the Sch C to automatically generate?  And 1116B having to be attached just pisses me off.

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2 replies

IRonMaN
Level 15
April 3, 2023

But it's April 3rd.  At this point what doesn't piss you off? 😜

Slava Ukraini!
PATAX
Level 12
April 3, 2023

It is also the first Monday in April so the clowns will be in a frenzy.

IRonMaN
Level 15
April 3, 2023

They are all cramming into their little clown car and heading your way.🤡🛒 (a shopping cart looks better than the options of race car or police car)

Slava Ukraini!
Level 15
April 3, 2023

@dascpa wrote:

  Why can't there be a button on the Sch C to automatically generate? 


 

I agree, but I'll back up a bit more ... why did the IRS/Treasury make that an affirmative election that you needs to be elected?  I wish they did the opposite, and we had to elect-out if that is what we wanted.