RobertB4444
Expert Alumni

Deductions & credits

You can't deduct home office or mileage deductions on your personal return unless you are self-employed.  The LLC needs to deduct these things.

 

If the partnership K1 generates self-employment income for you then you can create a schedule C in the tax return for corresponding deductions.  Check with your accountant to see if you are receiving self-employment income on your K1.

 

If the LLC is not generating self-employment income for you then you are not entitled to the deductions for home office or mileage.  In order for you to get the benefit of these things the LLC should reimburse you for the cost of them and then the LLC gets the deduction for both.

 

@zonakings 

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