topic How do I enter home office expenses for an LLC (schedule k1)? in Business & farm

How do I enter home office expenses for an LLC (schedule k1)?

breeandbricky — Thu, 06 Jun 2019 12:51:12 GMT

I use a portion of my house exclusively for inventory storage. Do I need to create a schedule C for the LLC just to enter this info?

If your agreement requires to have a home office you can...

RichardK — Thu, 06 Jun 2019 12:51:13 GMT

If your agreement requires to have a home office you can enter the home office information when you enter the K-1, toward the end of the data entry click "I am required to pay supplemental business expenses on behalf of this partnership/LLC which I am not reimbursed."

I don't see a place to type the message. What am I missi...

jill-renee-king — Thu, 06 Jun 2019 12:51:15 GMT

I don't see a place to type the message. What am I missing? I entered the expense under k-1 'other qualified business expense'