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Why isn't Turbotax Online generating a de minimis safe harbor statement to attach to my tax return? I elected to take it through the questions in the schedule c > assets
I've answered to elect to take de minimis safe harbor through the questions in the business income > schedule c > assets by answering the questions that:
1. yes, I have assets that cost less that 2500 and I have an account method to track them.
When going through the guided question flow, I then answer:
1. No I didn't have any improvements to a building
2. Yes, some of my assets were under 2500 and some were over
Then it takes me to my capitalized assets list and then there is a done button.
It doesn't direct me to where to add the de minimis safe harbor expenses and it doesn't generate the required statement that i as a taxpayer am electing to take the de minimis safe harbor titled: "Section 1.263(a)-1(f) de minimis safe harbor election"
What could I be doing wrong? Is this a common issue?