Revocation of Election: Did I ELECT to pay income taxes forever, but now I can REVOKE it?
1 year ago
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Federal Income Tax
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"You may have heard of the “revocation of election” process in which you write a letter to the IRS to revoke (withdraw) 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.
In this week’s Freedom Hour, Peymon will explain WHEN you elected to pay income taxes and HOW LONG that election lasts, and will give you the easiest way to revoke that choice."
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