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Level 2
posted Feb 12, 2024 1:59:52 PM

Home office and Augusta rule Section 280A

As a S corp single member business, Can I claim home office expenses and Augusta rule 14 days rent for business together?

 

I used my home for business every day and as primary place of business.

I also rent my home for business meetings and seminars, which qualify for Augusta rule. 

 

I am not sure if its either or both can be claimed.

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1 Replies
Expert Alumni
Feb 13, 2024 8:54:32 AM

Yes, you may report Home Office expenses for your S-Corp. Simply follow the interview in TurboTax and answer all questions as accurately as possible.

Unfortunately, if you take the deduction for the business use of a home office, you cannot use the Augusta Rule.