Discussion:Home Office Deduction for Multi-Member LLC

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Discussion Forum Index --> Consumer Questions --> Home Office Deduction for Multi-Member LLC


Wb923 (talk|edits) said:

18 July 2011
Client is an LLC with multi-members. The LLC does not rent a main office. Instead, individual members of the LLC use their home offices. On a 1040, how do you go about calculating a home office deduction for the K-1 flow through income? Thanks.

Kevinh5 (talk|edits) said:

18 July 2011
First, you follow instructions and fill out your user page profile.

Then you do a yellow box search.

Solomon (talk|edits) said:

18 July 2011
Use the worksheet in Publication 587.

CathysTaxes (talk|edits) said:

19 July 2011
1065 or 1020S K1?

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