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Business & farm
My screen shows you're using the Home & Business version, which can not be used to file a 1065 partnership return.
If you paid with the business CC then the business gets to write it off. Since you have 10% non-business use that the business paid for, that would mean the business compensated you by making 10% of those payments on your behalf for your personal use. That 10% would be taxable income to you, and should be included on your K-1 in box 1 or box 11.
@TaxGuyBill feel free to jump in. 🙂
If you paid with the business CC then the business gets to write it off. Since you have 10% non-business use that the business paid for, that would mean the business compensated you by making 10% of those payments on your behalf for your personal use. That 10% would be taxable income to you, and should be included on your K-1 in box 1 or box 11.
@TaxGuyBill feel free to jump in. 🙂
‎June 4, 2019
5:51 PM