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.