Revenue Procedure 2020-22 provides guidance under section 163(j) relating to elections to be an electing real property or farming trade or business.  This revenue procedure also provides the time and manner for making three elections under section 2306 of the CARES Act relating to the section 163(j) limitation. 

Revenue Procedure 2020-22 will be in IRB:  2020-18, dated 4/27/2020.