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Business & farm
There is no Home Office Deduction for a business tax return. Instead, a business may have office expenses (including an office building).
As the owner, however, you may be able to claim the Home Office Deduction on your personal tax return.
If you were required to pay these expenses under the partnership agreement, you may report your home office expenses on Schedule E (Partnership Income) as "Unreimbursed Partnership Expenses" (UPE). In this case, TurboTax will ask you about
UPE (see screenshot below - click to enlarge), with follow-up entry at the end
of the Schedule K-1 input.
But if the partnership agreement specifically states that the partnership has a non-reimbursement policy when expenses are incurred outside of the partnership or that it does not specifically require partners to pay for certain expenses, the deduction may be disallowed at the partner level.
See instructions for Form 1040, Schedule E for more info from the IRS.
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