I
am self-employed filing tax return with turbo tax business. My company is an
LLC pass-through partnership. The LLC report to the partner with form K-1.
Using TT business, there no place to enter home office expenses. Also with TT
Premier under Job Related Expenses, I am not qualified to file home office expenses.
Can you please suggest where to file the home office expenses?
I am using a portion of my house exclusively, 100% for my business, and
according to IRS I am eligible to claim a home office expense.
You'll need to sign in or create an account to connect with an expert.
Ok ... first the 1065 ... the partnership doesn't own the home so there is no OIH section so nothing is passed thru on the K-1.
Next, the OIH deduction for employees is gone but not for a partner reporting on a K-1 ... that is entered ONLY in the K-1 section ... watch for this screen...
Ok ... first the 1065 ... the partnership doesn't own the home so there is no OIH section so nothing is passed thru on the K-1.
Next, the OIH deduction for employees is gone but not for a partner reporting on a K-1 ... that is entered ONLY in the K-1 section ... watch for this screen...
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.
Budman7226
Level 1
emuehle
Level 2
mullinstimothy54
New Member
mary-sandoval20
New Member
dustbunniescleaningco24
New Member