[JT]

Hey everyone!

My question is where would an LLC (taxed like a partnership with 3 different partners/members) put there utilities expenses and home office expenses? Would it be on the 1065, schedule E, or somewhere on the 1040?

I looked at the IRS website and the schedules and the only thing I see is potentially on form 1065 line 20 (other deductions). Is this correct?

Thank you in advance!

REG-80-1X
BEC-80-1X
FAR-73-1X
FAR-75-2X
AUD-September 2016

[Mike J]

Wouldn't they go under Line 11 Repair and Maintenance? Because aren't they attributed to the business activity, and reduce total ordinary income? Otherwise I'm with you in thinking home office expense is deducted on Schedule E.
Anyway that's my guess, based on reading the IRS instructions for Form 1065 deductions.

[Sam]

Depends, if the partnership reimbursed a member for use of their office in the home then it would go most likely under other expense as an office expense. However, if the partner is not reimbursed then he can take it as a deduction on Schedule E and label it as UPE (Unreimbursed Partnership Expense).

[Mike J]

Thanks for clarifying @sam

[Author]

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