De minimus election - several ventures on same tax return

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  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #1

    De minimus election - several ventures on same tax return

    Married couple, each has their own business and a joint rental. It took me by surprise to realize that the de minimus election is either for all 3 ventures or not at all since it is one election per tax return. Just thought I share this.
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