I have a single shareholder s corp for my consulting business. No other employee.
You'll need to sign in or create an account to connect with an expert.
No, unfortunatley you cannot take a deduction as an non-reimbursed business expense as an employee of the S-Corp, nor you cannot deduct any expenses at the S-Corp level for the use of your home unless the S-Corp pays you for the use of your home, in which case you would have to report it as rental income.
No, unfortunatley you cannot take a deduction as an non-reimbursed business expense as an employee of the S-Corp, nor you cannot deduct any expenses at the S-Corp level for the use of your home unless the S-Corp pays you for the use of your home, in which case you would have to report it as rental income.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Rprincessy
New Member
asrogers
New Member
Ninaya1
New Member
edthilbert
New Member
MADELYNNCAROL
New Member