you have a problem unless the S-Corp owned the home. if it didn't it was not entitled to any depreciation or other HO deductions. nor would the expenses have been deductible on your 1040 from 2018 onward since you are an employee and those are employee expenses that were no longer deductible during this period. what you should have had was an accountable plan. you get reimbursed for the expenses after submitting expense reports. the S-Corp would have gotten the deduction and under an accountable plan you do not report the reimbursements. If the S-Corp didn't own it I strongly urge you to seek professional help in resolving this tax issue. the only other way, and it's not proper unless te S-Corpp owned the property, is to handle this is to distribute the property but you must use the Fair Market value which means you'll have a taxable income since it's likely the FMV will exceed your tax basis in the corp. you will also need to complete form 7203 for the S-Corp in your 1040 which will spell everything out for the IRS.
