JulieCo
New Member

Business & farm

Purchases that you made for the LLC S-Corp and were later reimbursed for do not need to be reported on your tax return because you are correct, it is not income.  The LLC S-Corp will record the reimbursements to you as expenses on their tax return.

For your Quickbooks system set up and questions, connect with the Quickbooks Learn & Support Community here https://community.intuit.com/quickbooks-online

View solution in original post