If you have a Single Member LLC and are reporting your business on a Schedule C as a disregarded entity, you can claim home office expense on Schedule C.
Generally speaking, to qualify for the home office deduction, you must meet one of these criteria:
- Exclusive and regular use: You must use a portion of your house, apartment, condominium, mobile home, boat or similar structure for your business on a regular basis. This also includes structures on your property, such as an unattached studio, barn, greenhouse or garage. It doesn't include any part of a taxpayer's property used exclusively as a hotel, motel, inn, or similar business.
- Principal place of business: Your home office must be either the principal location of your business or a place where you regularly meet with customers or clients. Some exceptions to this rule include daycare and storage facilities.
Please see this TurboTax article and IRS Publication 587 for more information on the deduction for business use of a home.
See also this help article on reporting two locations for a home office.
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