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Level 1
posted Apr 15, 2025 8:21:44 PM

I dont know if i'm doing this right. I have a 2 member LLC and want to use form 8829 to deduct home based expenses. first year filing

I realize i may have started all wrong and not needed to do any of this as we are member managed LLC. should this have all been on my personal return?

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1 Best answer
Expert Alumni
Apr 15, 2025 8:27:38 PM

No, unless both members are married and in a community property state, your LLC should file a partnership return unless they elect to be a corporation.  The Partnership would issue a Schedule K-1 which is entered on the individual return.  If you had unreimbursed office expenses, you would associate with the K-1 income and include the 8829.

1 Replies
Expert Alumni
Apr 15, 2025 8:27:38 PM

No, unless both members are married and in a community property state, your LLC should file a partnership return unless they elect to be a corporation.  The Partnership would issue a Schedule K-1 which is entered on the individual return.  If you had unreimbursed office expenses, you would associate with the K-1 income and include the 8829.