{
  "id": "ELE_CASH_METHOD_DEBT_INSTRUMENT",
  "name": "Joint Election for Cash Method Reporting",
  "category": "timing",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Stated principal must not exceed $2,000,000 (inflation-adjusted; approximately $5.1M in 2024/2025), the lender must not be an accrual-method taxpayer or dealer, and both parties must make a joint election.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Allows both the borrower and lender to report interest on the cash method rather than the accrual method, deferring tax until interest is actually paid.",
  "irc_reference": "IRC §1274A(c)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "individual|business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}