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How Do I Remove the Safe Harbor Election on Schedule E?

Online · Written guide Content date 1 min read

To remove the Safe Harbor Election on rental property in Schedule E in Tax Processors Plus Online, from the Federal Section of the tax return select:

  • Income
  • Schedule E - Click the pencil icon to edit the property.
  • Qualified Business Income Deduction
  • Use Amounts for QBI Deduction - Select No.

Note: This is a guide on removing the safe harbor election in the Tax Processors Plus Online program. This is not intended as tax advice.