Home Office Deduction on an S-Corp Form 1120-@

PPECPA · ‎03-10-2023

So I have a dumb question, can you take a home office deduction on a Form 1120-S?

sjrcpa · ‎03-10-2023

No. But if the shareholder employee was reimbursed for home office expenses under an accountable plan you could.

The more I know the more I don’t know.

PPECPA · ‎03-10-2023

Thanks All-Star

sjrcpa · ‎03-11-2023

You're welcome

The more I know the more I don’t know.