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Level 2
posted Jun 1, 2019 11:02:21 AM

Where do I enter home office reimbursement expense for s-corp?

My wife and I are 80/20 officers of an S-corp. We both work from home in separate offices.  The corporation reimburses us for home office expenses, such as utilities, mortgage interest etc, using an accountable plan.  I see a line item in TurboTax business for "Utilities", but not for things like mortgage interest.  Where do I enter this expense and other related expenses in Turbotax business?

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3 Replies
Intuit Alumni
Jun 1, 2019 11:02:22 AM

You can create those accounts as needed i.e Home Office reimbursement which can include your utilities and mortgage interest. 

Level 2
Jun 1, 2019 11:02:23 AM

Can you explain? Where in TurboTax business would I create the suspense? In "Business deductions" in the "other expenses" section?

Level 2
Jun 1, 2019 11:02:24 AM

Sorry, I meant "expense", not suspense 🙂