In Turbotax Business, how to fill asset using de minimis safe harbor election?

[Nihao]

I saw Q&A for de minimis safe harbor election on TurboTax Home & Business software. But, in TurboTax Business, how to select de minimis safe harbor for asset under $2500? It only has section 179 selection.

Could someone help me about it?

[tagteam]

I am assuming you're preparing a 1065. You can make the election in Step-by-Step mode.

[Nihao]

After select De Minimis Safe Harbor in 'Other', how to apply the De Minimis to an individual asset?

When I add an asset with the value < $2500 such as a desktop computer, TurboTax does not indicate De Minimis can be used for depreciation.

[tagteam]

Do not add the item as an asset in the Asset section. Rather, it is expensed in its entirety.