I am an online teacher, and I teach approximately 3 hours from home per day, how much can I write off for internet? I also have a skincare business - how much can I write off for internet and cell phone? My skincare business is 100% online.
Yes, the IRS does allow internet and cell phone costs to be deducted when they are required to perform your job. Because you use these services for both kinds of work, you must allocate the costs between the two. A good way to do this would be determine a percentage that the internet or phone is used for each business use, vs personal use, and then divide the bills by these percentages. To enter in TurboTax:
Please see this TurboTax article for more information: https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Can-Cellphone-Expenses-Be-Tax-De...