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Level 1
posted Jul 8, 2020 11:11:02 AM

How To Claim S Corp - Home Office Business Expenses

Hi,

I am a software consultant and owner of S Corp and 100% work from home. I am 66% share holder and my wife (who is teacher) is 34% share holder of the S Corporation. I have already filed my Business (S Corp) return and generate (K1) for me and my wife. Now I am working on the Personal (1040) Joint return (using Turbotax Home and Business 2019)  and not sure where and how to enter my Home Office (Utilities, HOA, Mortgage & Property Tax etc.)  Expenses. I am using 1 specific room (almost 10% of my home space)  as my home office. 

As tax deadline are approaching therefore any help to get it resolved asap will really be appreciated. 

Thanks,
SauGo

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1 Replies
Level 15
Jul 8, 2020 3:02:36 PM