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December 8, 2020
Question

TurboTax is printing multiple copies of 199a form

  • December 8, 2020
  • 1 reply
  • 0 views

I have two properties that I have grouped together as a Real Estate Enterprise.  When I print my return TurboTax creates 2 copies of Property 1 and 2 copies of Property 2.  It then prints 1 Rental Real Estate Enterprise Statement showing the two properties listed in the Enterprise.  Could this be because I have taken the 2 Safe Harbor Elections?  The De Minimus Safe Harbor and the Safe Harbor for Small Taxpayers?  It seems like it is printing too many copies.

 

Second question, am I allowed to take both of those safe harbor elections during the same year?

    1 reply

    Critter-3
    December 8, 2020

    Look closer ... is one for AMT taxes ?  

    December 8, 2020

    One was for Water Meters that I purchased and classed as Land Improvements.