Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Apr 5, 2024 6:22:34 AM

Turbo Tax Business Partnership Can not locate where to deduct home office square footage

Under Business Expenses there seems to not be a place to enter deductions for home office by sq footage

0 1 2781
1 Replies
Expert Alumni
Apr 7, 2024 1:10:09 PM

The Home Office Deduction is available for individual taxpayers only and is not reported on a business return. 

 

As a partner in a partnership, you may be able to claim a Home Office Deduction as Unreimbursed Partnership Expenses (UPE). If you were required to pay these expenses under the partnership agreement, you may report your expenses on Schedule E (Partnership Income). In this case, TurboTax will ask you about UPE, with follow-up entry at the end of the Schedule K-1 input.

 

See instructions for Form 1040, Schedule E for more info from the IRS.