Schedule C expensing of internet service for home office
My home office internet service is shared with my household like electricity and gas. Should this go along with Home office expenses along with other utilities or should it get its own pro-rated share under Schedule C utilities on line 25.
024445
2 Replies
PatriciaV
Expert Alumni
Apr 8, 2024 1:39:51 PM
Since the internet is used only in your Home Office, you would enter this as a Home Office expense shared with the rest of your home. If you paid for internet that was used only by your business, you would report that on Line 25 of Schedule C.
peter941
Level 2
Apr 9, 2024 10:22:58 AM
Thank you, I agree.
This is an area that needs some attention in the program. There are misleading prompts about communications expenses.