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Office in Home and 1120S

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    Office in Home and 1120S

    One of my clients has an S-Corporation and I am working on their return. They do not have an office, but they do have a home office that is used regularly and exclusively for business. They’ve given me the square footage of the office, total square footage and expenses. Is there a deduction on the 1120S for home offices?

    #2
    This scenario has been addressed on the website. A simple “search” will provide results:



    https://forum.thetaxbook.com/forum/d...of-home-s-corp

    and

    https://forum.thetaxbook.com/forum/d...ome-for-s-corp
    Last edited by TAXNJ; 02-09-2021, 07:31 PM.
    Always cite your source for support to defend your opinion

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      #3
      Thanks, TAXNJ!

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