Can you REVOKE your election on your first 1040 to ALWAYS pay taxes?
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Can you REVOKE your election on your first 1040 to ALWAYS pay taxes?
You may have heard of the “Revocation of Election” process (a.k.a.
“RoE”) in which you write a letter to the IRS revoking (withdrawing) your election (choice) to pay income taxes for the rest of your life when you filed your very first IRS Form 1040 U.S. Individual Income Tax Return.
