I tried to look for a similar post but I could not find any. Regarding the home office deduction and office compensation for an S Corp, tp did not have an accountable plan for reimbursement of home office expenses nor did he issue himself a W-2 or 1099-misc. Their S Corp is principally located in the lower level of their home. How should compensation and home office expenses be reported on 1120S and 1040?
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Following. I would like to also know.
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