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

PPECPA
Level 4

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

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3 Comments 3
sjrcpa
Level 15

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
Level 4

Thanks All-Star

 

sjrcpa
Level 15

You're welcome

The more I know, the more I don't know.
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