Having trouble with home office deduction because it wants to add income but we have a K-1
You'll need to sign in or create an account to connect with an expert.
If your K-1 is from a Partnership, (Form 1065), follow these instructions to enter your home office expenses as Unreimbursed Partnership Expenses (UPE):
Both the K-1 amounts as well as the UPE can be reported through the K-1 interview. At the end of this answer, I will provide an FAQ which provides instruction on how to access the K-1 interview. About halfway through the interview, you will see a screen entitled Describe the Partnership. The first checkbox says "I am required to pay supplemental expenses on behalf of this LLC/Partnership for which I am not reimbursed." Click on that box in order to generate the interview to enter your unreimbursed partnership expenses.
To access the K-1 interview, please follow the instructions in this FAQ: https://ttlc.intuit.com/replies/3301717
Please note: If you are receiving the K-1 from an S-Corp, you cannot take these deductions. You need to have the S-Corp reimburse you for the expenses.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
MaxRLC
Level 3
Steve H2
New Member
jeanne17
Level 2
shebedo
Level 2
sciencemagic
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.