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April 16, 2025
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I dont know if i'm doing this right. I have a 2 member LLC and want to use form 8829 to deduct home based expenses. first year filing

  • April 16, 2025
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I realize i may have started all wrong and not needed to do any of this as we are member managed LLC. should this have all been on my personal return?
    Best answer by MAK70

    No, unless both members are married and in a community property state, your LLC should file a partnership return unless they elect to be a corporation.  The Partnership would issue a Schedule K-1 which is entered on the individual return.  If you had unreimbursed office expenses, you would associate with the K-1 income and include the 8829.

    1 reply

    MAK70Answer
    April 16, 2025

    No, unless both members are married and in a community property state, your LLC should file a partnership return unless they elect to be a corporation.  The Partnership would issue a Schedule K-1 which is entered on the individual return.  If you had unreimbursed office expenses, you would associate with the K-1 income and include the 8829.