Skip to main content
January 13, 2021
Question

Property tax for s corporations

  • January 13, 2021
  • 1 reply
  • 0 views

My husband and I own our own business with an s corp election.  We operate out of our home.  Am I able to write off the portion of our home soley used for business as well as our property taxes?  If so, which form would I claim that on?

    1 reply

    January 13, 2021

    You cannot directly deduct these "expenses" in your S-Corp.

     

    Please read this Intuit article on the different options available to you.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"