Office in Home and 1120S

[JMGCville]

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?

[TAXNJ]

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

[JMGCville]

Thanks, TAXNJ!