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The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

 
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PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

De Minimus Safe Harbor election load IRS form 'Reg. 1.263 (a)-1(f)' in your return forms. To locate the form, select Forms mode in the upper right corner of your program, then review the forms on the left side of your screen.

After electing De Minimus Safe Harbor election, enter the expense item under your Business/Rental in the miscellaneous section with the description 'De Minimus Safe Harbor election' and amount.

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16 Replies
PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

The form is triggered when you make the election in the Asset section of your Business/Rental.
Let me know if this helps
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The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

I made the election in the Asset section on the Step-by-Step side but it did not register or create a form. Is there a checkbox on the actual form side that I can check to have the form created?
PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

Look in forms mode for the form.It reads' Section 1.263 (a)-1(f) and is a tiny form. After you make the election, you then have to enter the expense under the Business/Rental.
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The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

I did a search for "section" in the "open form" "search" box and only 4 forms came up and none was the one you refer to. I also did a search on "minimis" but nothing came up as well. Are you using the TurboTax 2017 Home and Business version? I am already updated to the most recent version.

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

Sorry, I just looked at the bottom of my forms and it is there.  Thanks for your help!!!

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

The funny thing is if you do a search for that exact name it does not show up.
PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

You are welcome 🙂 I'm glad you found it. It's labeled by the IRS section number instead of the name and that's why it didn't come up. I will summarize my answer below.
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The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

Actually if you paste the exact name from the list of "Forms in My Return" into the "search" in "Open Form" it will not show up as an option.
PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

That is interesting. I'll check it out.
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PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

I can't get it to come up in the search either even though it is right there in the forms list. Thanks for letting me know. I will pass it along 🙂
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PaulaM
Expert Alumni

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

De Minimus Safe Harbor election load IRS form 'Reg. 1.263 (a)-1(f)' in your return forms. To locate the form, select Forms mode in the upper right corner of your program, then review the forms on the left side of your screen.

After electing De Minimus Safe Harbor election, enter the expense item under your Business/Rental in the miscellaneous section with the description 'De Minimus Safe Harbor election' and amount.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

I need the section 1.263 (a) - (f) De Minimis Safe Harbor form for 2019

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

I'm in the process of doing my 2019 taxes for my business and need this form section 1.263 (a) - 1 (f) to apply it to 1120s

The de minimis safe harbor election doesn't seem to be working in TubroTax 2017 H&B. No election form is created.

I'm in the process of filling out my 2019 tax return and need this section 1.262 De Minimis Safe Harbor form to proceed

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