De Minimus Safe Harbor Elections

Taxpayers’ Name:	__________________________________________________

Company Name:	__________________________________________________

Address:	__________________________________________________

City, State, Zip:	__________________________________________________

Taxpayer ID#:	__________________________________________________

Tax Year:	____________________

Applies to:

(Select all that apply)	Small Business

Rental Property

Election to Expense Capital Assets

The above named entity is making the de minimis safe harbor election under Section 1.263(a)-1(f) effective January 1 regarding expenses for supplies and materials

of $2,500 or less.

Election to Capitalize Repair and Maintenance Costs

The above named entity is making the de minimis safe harbor election under Section 1.263(a)-3(n) effective January 1 regarding improvements of $10,000 or less.

By:	_______________

Officer/Member/Owner	Date