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ali2honey
New Member

I work from Home and get paid with a W2. Can I claim light bill & internet bill as a tax deduction?

 
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bwa
Alumni
Alumni

I work from Home and get paid with a W2. Can I claim light bill & internet bill as a tax deduction?

If you meet the "regular and exclusive" requirements you can either claim actual costs for the area used as your home or the new standard allowance.  See https://www.irs.gov/businesses/small-businesses-self-employed/home-office-deduction

You can claim the internet bill to the extent it relates to your business, but I've never figured out an accurate and easy way to allocate costs between business and personal.


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1 Reply
bwa
Alumni
Alumni

I work from Home and get paid with a W2. Can I claim light bill & internet bill as a tax deduction?

If you meet the "regular and exclusive" requirements you can either claim actual costs for the area used as your home or the new standard allowance.  See https://www.irs.gov/businesses/small-businesses-self-employed/home-office-deduction

You can claim the internet bill to the extent it relates to your business, but I've never figured out an accurate and easy way to allocate costs between business and personal.


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