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S-Corp IRS Home Office Deductions & Expenses Intuit

    https://proconnect.intuit.com/articles/home-office-deductions-expenses/
    If you are an employee of your own one-man corporation, whether a regular "C" corporation or a "sub-chapter S" corporation, you have several choices for handling the costs of a qualifying home office: You can deduct the costs of a home office if you are filing a Schedule C. Under the Tax Cuts and Jobs Act (TCJA), employees working remotely can no longer deduct home office expenses on their tax …

How to Deduct a Home Office as an S-Corp - Amy Northard ...

    https://amynorthardcpa.com/deduct-home-office-s-corp/
    Jul 05, 2017 · Enter the amount of the payment into your S-Corp’s records as a reimbursement for employee expenses. Assign each expense claimed to the appropriate expense account category so that these expenses may be deducted from the S-Corp’s income on its tax return. Bonus for email subscribers: Download the S-Corp Accountable Plan Reimbursement Worksheet!5/5(108)

S Corp Home Office Deductions UpCounsel 2021

    https://www.upcounsel.com/s-corp-home-office-deductions
    For instance, in a 1,500 square-foot home, if you have a 10x10 office room, the square footage would be 100. You would then divide 100 by 1,500. This allows you to deduct 6.7 percent of your office expenses by multiplying the percentage by the eligible home expenses in the form of the …Estimated Reading Time: 4 mins

S-Corp Home Office Deduction Wilson Rogers & Company

    https://www.wilsonrogers.net/blog/2014/01/05/s-corp-home-office-deduction/
    Jan 05, 2014 · S-Corp Home Office Deduction. Posted January 5, 2014. Taking the home office deduction is fairly simple when you’re a self-employed individual and file Schedule C. In those instances, you simply indicate on Form 8829 the percentage of your home that is used for work, the costs to maintain your space, and that amount will go on your Schedule C as a deduction.Estimated Reading Time: 5 mins

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