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CONSERVATION COVENANT DEDUCTIONSAPPORTIONMENT ELECTION FORM When to use this form Complete this form if the following apply: you have entered into an eligible conservation covenant: The change in
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The Conservation Covenant Deductions Apportionment Election is a form that allows landowners to apportion conservation covenant deductions among co-owners in a specific manner.
All co-owners of a property with a conservation covenant deduction are required to file the apportionment election.
To fill out the conservation covenant deductions apportionment election, co-owners must provide information about the property, the conservation covenant deduction, and how they wish to apportion the deduction.
The purpose of the conservation covenant deductions apportionment election is to allocate the deduction among co-owners in a fair and agreed-upon manner.
The conservation covenant deductions apportionment election must include details about the property, the conservation covenant deduction, and the apportionment percentages chosen by the co-owners.
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