USA Multi Member LLC Expense


Joined
Feb 24, 2016
Messages
23
Reaction score
0
Country
United States
As shareholders, we receive a K-1 at the end of the year. The K-1 contains each shareholder percentage of the net income (or loss) of the company. Being that we run the LLC out of our house, am I able to take a home office deduction on my tax return?

My thought is no, but....

Any advice would be helpful.
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top