I forgot to include the de minimus safe harbor election on 1120s. Should I amend and have the election or not worry?

[Golfer2016]

I forgot to include it.  I don't want amending again to raise any flags.  Also, if there was an audit and it was revoked, the client could just depreciate the items.  What do you think?  

[IRonMaN · Accepted solution]

I think it needs to be filed with the original return so I think you are out of luck.  However to improve you luck you might want to dig out that lucky horseshoe, that 4 leaf clover, or that lucky rabbit's foot ----------------------- although it doesn't appear to have been very much luck for that rabbit.

[Just-Lisa-Now-]

Keep it in the file, if its ever questioned you can blame it on technology...you sent it, heres a copy, not sure why it didnt get included with the transmitted return.  🙂