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Old 04-16-2017, 11:51 AM
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Home office expenses for S-Corp

Hello!

I have two small, personally held s-corps. I am the owner and the sole employee. And I work out of the house.

Before filing for s-corp, I was able to deduct a portion of household expenses (utilities, etc) as self-employed. Since I'm passing income via K-1 and I'm not planning to itemize my personal filing, I'm now scrambling to find a way to pass that deduction (home office) along.

I didn't think to charge myself rent, nor to reimburse myself monthly for those expenses.

Any thoughts or suggestions you might have would be *greatly* appreciated!

Thanks,
Fez



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