How do I elect the "Safe Harbor" for Rental Real Estate for Section 199A in a business return using worksheet view?

  • Article Type:
  • How To
  • Last Modified:
  • 02/25/2019

Objectives

How do I elect the "Safe Harbor" for Rental Real Estate for Section 199A Notice 2019-7 in a business return using worksheet view?

Environment

CCH Axcess™ Tax
CCH Prosystem fx Tax
1065
1120
1120S

Procedure

On release 2018.02070 (2018-2.7) an option was added for this election.
  1. Go to Income/Deductions > Qualified Business Income (Section 199A) worksheet.
  2. In section 1 - General, select Produce "Safe Harbor" election (field 4).
  3. Calculate the return.
  • Note: This election will print with the government copy, and will appear after the 1065 return. It will not print in the federal elections.
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Additional Information

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