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Anne
Anne, Master Tax Preparer
Category: Tax
Satisfied Customers: 2355
Experience:  Enrolled Agent with 25 Years Experience specializing Individual and Small Businesses
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I live in Florida and work from my boat, can I write off my

Customer Question

I live in Florida and work from my boat, can I write off my monthly slip fees on my federal taxes for my S Corp
Submitted: 11 months ago.
Category: Tax
Expert:  Anne replied 11 months ago.

Hi

I'm Anne. I've been preparing taxes for 27 years and I'll be happy to help you.

There really is no "office in home" deduction for an S Corp, however, you can have the S Corp reimburse you for the expenses that would have been allowable under the office in home rules.

For more in depth information, please see below:

http://www.hhcpa.com/blogs/income-tax-accountants-cpa/office-in-the-home-deduction-limitations-for-s-corporation-shareholder-employees

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Expert:  Anne replied 11 months ago.

I see that you read my response, but didn't rate it. Do you have further questions? Anything I can further help you with?

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