Description
A professional Excel worksheet designed specifically for S-Corporation owners to calculate and document home-office reimbursements under an IRS-compliant Accountable Plan.
It’s not the written plan itself — it’s the tool that performs the math.
Use it to determine your business-use percentage, track monthly expenses, and generate printable reimbursement forms that keep your S-Corp audit-ready.
FOR WHO
• S-Corp shareholder-employees who use a portion of their home for business
• Tax preparers & bookkeepers managing S-Corp reimbursement workflows
• CPAs & EA firms building client workpapers under Accountable Plan policies
• Entrepreneurs using QuickBooks or Gusto to manage officer reimbursements
WHAT’S INCLUDED
• Inputs Tab: enter home and office square footage, simplified-method cap, and monthly expenses
• Reimbursement Request Tab: pick any month to create a printable, ready-to-submit reimbursement form
• Reimbursement Summary (Annual): year-end totals for your tax file or CPA
• Dashboard: visual summary comparing Actual vs Simplified method
• Entity Instructions: explains who reimburses (S-Corp, C-Corp, Partnership) and who deducts directly (Schedule C)
• Pre-built formulas that calculate:
Simplified method (max 300 sq ft √ó $5)
Actual-expense method with direct + indirect allocations
Monthly and annual totals
HOW TO USE
1️⃣ Go to the Start Here tab → select your entity type (S-Corp).
2️⃣ In Inputs, enter home size, office sq ft, storage area, and expenses.
3️⃣ Select a month on Reimbursement Request → print or PDF for submission to your S-Corp.
4️⃣ Use Reimbursement Summary at year-end to reconcile totals and attach to your Accountable Plan documentation.
WHY IT’S HELPFUL
• Purpose-built for S-Corporations — uses the correct IRS method for officer reimbursements.
• Eliminates guesswork — all percentages, caps, and pro-rations auto-calculate.
• Supports your written Accountable Plan (sold separately) with the proper reimbursement math.
• Creates audit-ready workpapers that integrate with QuickBooks or Gusto.
• Saves hours each month — one entry sheet does all the calculations.
SOFTWARE
Microsoft Excel 2019 + / Microsoft 365 / Google Sheets
Mac + Windows compatible
INSTANT DOWNLOAD
Delivered immediately in .xlsx format — ready to use for unlimited S-Corps or clients.
