Question 9 of 30. Under the tangible property regulations, taxpayers without applicable financial statements may elect to apply a de minimis safe harbor election. This election allows them to claim an immediate deduction for O Amounts paid for small repair parts that the taxpayer elects to capitalize. Improvements costing less than $200. O Property that does not cost more than $2,500 per invoice or item. O Repairs to real property costing less than $2,500