bill936 is clearly describing the problem :
I HAVE AN S-CORP AND RECEIVE A K-1.
HOW DO I DEDUCT DEDICATED HOME OFFICE EXPENSES.
TURBO TAX INSTRUCTIONS IN S-CORP ARE STATING THAT THEY MUST BE TAKEN ON PERSONAL RETURN.
The TurboTax instructions are EMPHASIZING that the Home Office Expenses are not supposed to be deducted within Form 1120-S (which is S corporation's tax return). They are deducted while you are preparing Individual Income Tax Return. WHERE????????
January 15, 2023
5:29 PM
