dati001
Level 1

Does Caflifornia conform witth the Fed related to the De minimis Safe Harbor for small tax payer?

I made an election on screen 46 for the Fed to expense a furnace that cost $2200 for one of my residential rental property.  Where can I input this election for State, if it is allowed?  Please advise.  Thanks.

0 Cheers
George4Tacks
Level 15

Let google be your guide? https://www.google.com/search?q=De+minimis+safe+harbor+rule+for+small+tax+payer+for+California

Here is the appropriate conformity guide for 2018 https://www.ftb.ca.gov/forms/2018/18_1001.pdf You need to order the 2019 online at FTB


Here's wishing you many Happy Returns

View solution in original post

dati001
Level 1

Thank you very much for your help.

0 Cheers