- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How can I figure out the percentage of my phone and wireless internet bill that I can write off for my home business?
Topics:
June 3, 2019
11:46 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You can calculate an average percentage that it is used for the business as opposed to personal use.
For example, if you use the phone exclusively for work, then 100% of the phone portion of the bill would be business-related. If you also use the internet, on average, 80% of the time for the business, then 80% of the internet portion of the bill would be deductible.
June 3, 2019
11:46 AM