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New Member
posted Jan 19, 2023 1:32:56 PM

How do I add the De Minimis Safe Harbor Election to my return?

How do I add the De Minimis Safe Harbor Election Statement to my Schedule C?

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1 Best answer
Level 15
Jan 19, 2023 1:38:31 PM

In the Business Assets section and Assets Being Depreciated subsection.

 

Check the "Yes" circle on the screen where it asks whether you purchased any items for $2500 or less.

1 Replies
Level 15
Jan 19, 2023 1:38:31 PM

In the Business Assets section and Assets Being Depreciated subsection.

 

Check the "Yes" circle on the screen where it asks whether you purchased any items for $2500 or less.