Deductions & credits

Ok ... so you have an S-Corp that issues you a K-1 form correct ?   

And the Corp doesn't own the home right ?   

And you properly pay yourself as an employee and issue yourself a W-2 ?   

 

If so as an EMPLOYEE you cannot deduct any employee business expenses from 2018 to 2025 (unless the rules are changed again).    And since the corp doesn't own the home then it cannot take any OIH expenses either. 

 

What the company  can do going forward  is set up an ACCOUNTABLE  REIMBURSEMENT plan ...  

https://proconnect.intuit.com/taxprocenter/tax-law-and-news/how-your-s-corporation-clients-can-use-a....

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