https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-upgraded-my-internet-connection-to-fiber-optic-can-i-deduct-my-self-employed-and-work-from-home/01/571583#M74145 Wed, 05 Jun 2019 21:26:08 GMT burleson 2019-06-05T21:26:08Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-upgraded-my-internet-connection-to-fiber-optic-can-i-deduct-my-self-employed-and-work-from-home/01/571583#M74145 Wed, 05 Jun 2019 21:26:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-upgraded-my-internet-connection-to-fiber-optic-can-i-deduct-my-self-employed-and-work-from-home/01/571583#M74145 burleson 2019-06-05T21:26:08Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-just-need-to-proportion-the-overall-cost-to-the/01/571584#M74146 <P>Yes.</P><P>You just need to proportion the overall cost to the proportion that you use the home office.&nbsp; If you use the fiber optic only in your business then you can deduct 100%.&nbsp; If you use it for personal as well then you need to figure out how much of the time you use it for business and be able to back it up.&nbsp; If you are not sure since it is internet and not actual space, you could play it safe and use the proportion formula that you use for your home.</P><P>For example, you have a 1000 sq ft home.&nbsp; Your home office is 100 sq ft which equal 1/10 of the home area.&nbsp; The portion of your home that you use for your office is 10%, so you can deduct 10% of your rent, taxes, utilities, etc.</P> Wed, 05 Jun 2019 21:26:09 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-just-need-to-proportion-the-overall-cost-to-the/01/571584#M74146 JulieH1 2019-06-05T21:26:09Z