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Sec 199A Safe Harbor Statement


Terry D EA

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As I understand the new revenue procedure on requiring a statement with a jurat statement for the safe harbor for rental real estate, this statement must be included in the return of the pass thru entity passing thru the QBI. I have read this thing several times and do see clearly if the partner of a partnership passing thru the QBI has to include a similar statement with the 1040. Any suggestions?

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  • 2 years later...

I do not know or have not researched the answer, but my gut feeling is that it would not be necessary.  I don’t think it would hurt to attach the safe harbor election to the individual tax return but only if the taxpayer had a copy of the partnership’s safe harbor test activity log.

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