Level 12

@dati001 wrote:

I want to elect De minimis safe harbor for small business.  Should I input the asset in the depreciation screen 22 and make an election 1.263(a)-3(h) on screen 46?  


§1.263(a)-3(h) is NOT the De Minimis Safe Harbor election. It is the Safe Harbor for Small Taxpayers.  They are two different elections.