Business & farm

You can usually make the de minimis safe harbor election i when you are entering the asset.  

However, in a Trust return (1041) you will have to make the election manually, in Forms Mode.  To do this, please follow these steps:

1. Go into Forms Mode by clicking the Forms icon in the top right of the blue bar. 
2. In the Forms in My Return list on the left, click IRC elections.
3. Click line 16 for the De Minis Safe Harbor Election.  [See Screenshot #1, below.]
4. Click the magnifying glass to QuickZoom to the election statement.
5. Mark the box on the election statement to make the election.  [See Screenshot #2]
6. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.  

[Edited | 3/19/2020 |  11:42 am PDT]