Article Date:
July 2017

Word Count:



Q&A: Back Up Your Claim That You Can Reimburse Depreciation



I’m a CPA in private practice, and I have a question. In the April 2017 issue, your Lock in the Home-Office Deduction for Your S Corporation article states that the owner-employee needs to track the depreciation that was reimbursed from the S corporation to the owner-employee.


From what I have read before, depreciation is not allowed when it comes to S corporation home-office reimbursement. It is allowed on Schedule C, but it is lost for the S corporation.


Can you back up your claim? I have done much research and was surprised to see the depreciation tracking on your website. ... Log in to view full article.

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