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?

[meghan]

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

[rbynaker · Accepted solution]

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

[meghan]

This is for an 1120S.  Not seeing the election...

[rbynaker]

In the S Corp software it's called "IRC Elections" instead of just "Elections".

[meghan]

Thank you!

[Chris]

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 . . ."

[peterhawaii]

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.

[peterhawaii]

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

[peterhawaii]

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