I’m self employed and live with my fiancé. House is in her name and I don’t pay any “rent” so I don’t take any deductions for a home office space.
I pay for most of the utilities though and some other expenses so our household budget is split 50/50. Some utility bills are in my name only, some are in her’s and others are in both.
Payments are made directly to the utility company through the banks online bill pay or auto pay from the utility.
Can I deduct the business portion of any utilities (internet/electric/phone)? How do I compute the business portion for some things without going through the home office deduction? The electric/phone could end up being negligible, but the internet we had to upgrade to pro internet, which we wouldn’t have had to do if not for being self employed.
Also what records do I need to be keeping to prove my deduction in case I ever have to? Just the utility bills and bank statements?
