Hi, have two questions:
1. If a shareholder-employee uses a portion of their apartment as an office and personally pays the rent/utilities/insurance, can the S-corp deduct those on the 1120S? (apportioned to sq. ft use)
Or do you have to have an accountable plan and be reimbursed from the S-corp?
2. Same question for auto - if you use your personal car for business as well and the expenses were personally paid for by the shareholder-employee, can the S-corp take auto expenses based on the business mileage? Would it be standard mileage rate or actual expenses? And what about depreciation for the car - If you don't end up deducting the standard/actual expense can you just take depreciation by itself?
