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Being self employed, what section do I deduct for electric bills, water bills, internet and cable for my storefront?

 
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Being self employed, what section do I deduct for electric bills, water bills, internet and cable for my storefront?

If you have a storefront (not just using part of your home) then look for the UTILITIES and Communications

categories in the expenses section. 

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2 Replies

Being self employed, what section do I deduct for electric bills, water bills, internet and cable for my storefront?

If you have a storefront (not just using part of your home) then look for the UTILITIES and Communications

categories in the expenses section. 

Carl
Level 15

Being self employed, what section do I deduct for electric bills, water bills, internet and cable for my storefront?

For a SCH C business, all business expenses are dealt with in the Business Expenses section with no exceptions. If you just work it through the way the program is designed and intended to be used, you will see spots to enter such things as utility costs and the such.

 

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