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Level 1
March 8, 2021
Question

How do I elect the Section 1.263(a)-1(f) De Minimis Safe Harbor Election in Pro connect/

  • March 8, 2021
  • 1 reply
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How do I elect the Section 1.263(a)-1(f) De Minimis Safe Harbor Election in Pro connect.  Where is the input
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1 reply

JMP
Level 3
March 8, 2021

Go to Other -> Elections -> Misc. Elections (upper right), then scroll down until you find the checkbox.

In the future, I recommend you use the search box. If you search for the phrase "de minimus" the answer to your question appears in the search results.

Level 2
April 14, 2021

Hello JMP,

Used the search box - thank you.

Once I choose the election, where do I enter the expenses?

Thank you

Lynn

JMP
Level 3
April 14, 2021

You can enter them like any expense on Schedule C but I think it's a good practice to call each one out as a separate item by using the "other expenses" button. That way, they show up on page 2. For example: "Dishwasher (de minimus).... $700."