My understanding - with "Section 1.263(a)-1(f) De Minimis Safe Harbor Election" for 1120S filing using turbotax business desktop, purchases less than $2500 should not be entered under asset depreciation. Instead those should be listed under "Other deductions statement" which would be rolled up to line 19 on 1120S. Is this correct way to enter it? When I enter it under assets section, there is no message/informing that this can be entered as "other deductions". Turbotax premier home and business for 1040, provides such information/guidance and I entered it as "other expenses" for schedule C. therefore would like to confirm the same for 1120S filing that these less than $2500 asset prucahses can be claimed under "other expenses"
