Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Where do I find the election statement for Section 1.263(a)-1(f) De Minimis Safe Harbor Election so I can attach it to the tax return?

Highlighted
Level 1
last updated ‎December 06, 2019 4:21 PM

I am working in ProSeries.  I am unable to find the election statement in the software to attach to the return.

Labels (1)
0 Cheers
1 Solution

Accepted Solutions
Highlighted
Level 10
last updated ‎December 06, 2019 4:21 PM

Here's how I find these things.  Press Ctrl-F to bring up the forms list and type/go do "Elections".  Scroll way down to the bottom and click on the magnifying glass in the box next to 1.263(a)-1(f) (line 21 in the 2017 software).  Then check the box next to "Check here to make the De Minimis . . ."

Rick

View solution in original post

8 Replies 8
Highlighted
Level 10
last updated ‎December 06, 2019 4:21 PM

Here's how I find these things.  Press Ctrl-F to bring up the forms list and type/go do "Elections".  Scroll way down to the bottom and click on the magnifying glass in the box next to 1.263(a)-1(f) (line 21 in the 2017 software).  Then check the box next to "Check here to make the De Minimis . . ."

Rick

View solution in original post

Highlighted
Level 1
last updated ‎December 06, 2019 4:21 PM
This is for an 1120S.  Not seeing the election...
0 Cheers
Highlighted
Level 10
last updated ‎December 06, 2019 4:21 PM
In the S Corp software it's called "IRC Elections" instead of just "Elections".
Highlighted
Level 1
last updated ‎December 06, 2019 4:21 PM
Thank you!
0 Cheers
Highlighted
Level 1
last updated ‎December 06, 2019 4:21 PM

Earlier in 2020 I did this and for that return it is part of the return. Now I am doing another return and I go to forms and can not find elections.

0 Cheers
Highlighted
Level 1
last updated ‎December 06, 2019 4:21 PM

I am trying to make the election because I have a De Minimis Safe Harbor Election to make.

0 Cheers
Highlighted
Level 1
last updated ‎December 06, 2019 4:21 PM

Solved. I went through all the forms and in the middle of the misc. section I found Individual Elections Summary

0 Cheers
Highlighted
Employee
Employee
last updated ‎December 06, 2019 4:21 PM

Just to update:

Press Ctrl-F to bring up the forms list and type/go do "IRC Elections".  Scroll way down to the bottom and click on the magnifying glass in the box next to 1.263(a)-1(f) (line 11 in the 2019 software).  Then check the box next to "Check here to make the De Minimis . . ."