Rental property elections

Good thing you caught that, because a new roof does not qualify for safe harbor any way you look at it. Just delete the asset and re-enter it anew. But this time pay attention to the wording on each screen as you re-enter it.

Also, work through your rental expenses section and confirm beyond a shadow of a doubt, that your new roof is not in that section anywhere.

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@Joyce46 wrote:

I answered no to the Elections when I entered a new asset (ie Roof) but there when I am ready to file it shows a Election for Safe Harbor.....why?

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There are two such elections and you might have checked "Yes" to the one shown in the screenshot below (the Safe Harbor for Small Taxpayers) which might not be applicable. You can go back through the Assets section and check "No" to the election if it does not apply.

See https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations#Whatarethesimplifyingalternatives

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