MGM59
Level 1
02-05-2020
08:31 PM
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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
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Have you tried using Google? https://www.google.com/search?q=sample+safe+harbor+election+for+rental
Answers are easy. Questions are hard!
itonewbie
Level 15
02-06-2020
06:01 AM
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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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