Deductions & credits

As a W-2 employee, you can't deduct expenses related to your employment.  

 

What expenses do you have specifically as a shareholder that are different from your employee expenses?  What kind of company?  What kind of partnership? 

 

Any business can always reimburse partners or employees for work-related expenses on a tax-free basis if the business follows an accountable plan.  That makes the expense a deductible business expense for the firm and non-taxable reimbursement for the worker.  See publication 463 and 535.

https://www.irs.gov/forms-pubs/about-publication-463

https://www.irs.gov/publications/p535