Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How to Enter Unreimbursed Partnership Expense (UPE) for S Corp K-1s

gentlesam
Level 2

The UPE worksheet is always linked to the partner K-1 in ProSeries.  Where to enter the UPE related to S Corp K-1?

Thank you!

0 Cheers
1 Best Answer

Accepted Solutions
mm1
Level 5

You don't. In an S-Corp you are considered an employee and if the taxpayer doesn't get reimbursed by the S-Corp then it is employee business expenses which are not deductible on the Federal return. I suggest he/she gets the S-Corp to reimburse all expenses in the future.

View solution in original post

2 Comments 2
mm1
Level 5

You don't. In an S-Corp you are considered an employee and if the taxpayer doesn't get reimbursed by the S-Corp then it is employee business expenses which are not deductible on the Federal return. I suggest he/she gets the S-Corp to reimburse all expenses in the future.

gentlesam
Level 2

You are right.  Thank you!