topic How do you add the De Minimis Safe Harbor Election in Turbo Tax Business for an S-Corp return. in Business & farm

How do you add the De Minimis Safe Harbor Election in Turbo Tax Business for an S-Corp return.

mpettit — Wed, 05 Jun 2019 02:06:25 GMT

I know that in the other programs it is entered when you...

TaxGuyBill — Wed, 05 Jun 2019 02:06:26 GMT

I know that in the other programs it is entered when you go into the "assets" section. Is it also in the "assets" section in the Business version?

I actually ended up calling Turbo Tax Support and after a...

mpettit — Wed, 05 Jun 2019 02:06:27 GMT

I actually ended up calling Turbo Tax Support and after an hour we figured it out. Had to go into forms, and then go to the Scorp Elections Forms and open it and then there was a list of elections and it was on of them you could choose.

" Had to go into forms, and then go to the Scorp Election...

Anonymous_ — Wed, 05 Jun 2019 02:06:29 GMT

" Had to go into forms, and then go to the Scorp Elections Forms..."

For the record, and the benefit of other users who have the same question, I have added screenshots below.