The U.S. IRS has updated practice units on identifying and examining taxpayers electing a partial disposition of buildings. The process overviews are as follows: Identifying a Taxpayer Electing a Partial Disposition of a Building This Process Unit focuses on identifying when taxpayers elect a partial disposition of a building or its structural components. The identification process occurs through a review of taxpayer documents and tax return information during an examination. After a positive identification, you, the examiner, can determine if there is a risk of noncompliance in recognizing the partial disposition. Identifying that a taxpayer elected to take a partial...