how do I do a Home office deduction when we have K-1 for our business?

[Bonnied1]

how do I do a Home office deduction when we have K-1 for our business?

[MaryK4]

If you have a partnership, you will enter that you had supplemental business expenses that were unreimbursed (see below).  

[Bonnied1]

I already filed to get the thing done. 🙄

Does your explanation apply to S Corp?

Where is the place you enter that information?

If it goes on schedule C, our business does not show up there

Because the income comes through the K-1's

That was the part that was confusing, because it appeared

you had to enter that information on The C form.  Our side income

goes on the C form not our main business.

Bonnie

[Bonnied1]

thanks for your answer but the box with the information is very small and cannot be read.

Bonnie

[PatriciaV]

Here are the steps to enter unreimbursed partnership expenses:

1. Go to Income >> Schedule K-1 >> Start/Update
2. Choose Partnership/LLC and Add or Edit your K-1.
3. Follow the prompts to a page titled "Describe the Partnership."
4. Check the box for "I am required to pay supplemental business expenses on behalf of this partnership/LLC for which I am not reimbursed."
5. Answer "yes" to the question about "...your own pocket?".
6. Answer "yes" to the question about vehicle expenses.
7. Continue to enter your vehicle information (if any).
8. You will be given the opportunity to report other expenses on subsequent pages.
9. Be sure to report any reimbursements you received from the partnership.
10. Continue back to the K-1 Summary page to save your entries.

Your entries will appear on the Supplemental Business Expenses Worksheet (Suppl Exp - P) under the related K-1 Partner for this Partnership.

@Bonnied1