47672311_cks_and_traps_to_watch_out_for__TEFRA
[Non-TEFRA] An investor agrees to allow the assessment of the specific dollar amount of tax attributable to items flowing from the entity. [TEFRA] 
A partner agrees to the changes proposed to the partnership return. Special forms have been developed for this purpose. The tax effect on the partner's return is determined after the agreement to the partnership changes is secured.
Elections & Extensions - Tricks and traps to watch out for
TEFRA