MGM59
Level 1
‎02-05-2020 08:31 PM

Does anyone have a sample statement they are attaching to tax returns electing the safe harbor under revenue procedure 2019-38.

 

Thanks,

 

Mark

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George4Tacks
Level 15
‎02-05-2020 09:50 PM

Have you tried using Google? https://www.google.com/search?q=sample+safe+harbor+election+for+rental

 


Here's wishing you many Happy Returns
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itonewbie
Level 15
‎02-06-2020 06:01 AM

There is a standard statement in PTO.  On the input screen for the rental property, click on the Qual. Bus. Inc. Deduction tab and enter 1 on the line for Rental real estate enterprise number if claiming safe harbor (unless you have other properties to aggregate).  This will trigger PTO to generate the statement to be filed with the return.

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