As Champ Carl has said, your question involves two separate options for reporting the purchase of assets.
Form 4562 reports Depreciation, and Line 14 is for the Special "Bonus" depreciation that you elected for certain qualifying assets.
On the other hand, the Safe Harbor Election is shown on your return on a statement titled "Section 1.263(a)-1(f) de minimis safe harbor election." This informs the IRS that you chose to expenses assets that would normally be depreciated.
Additional info: IRS Safe Harbor Election FAQs
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