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Can I deduct phone insurance?

 
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Mike9241
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Can I deduct phone insurance?

if the phone expense is deductible so is the insurance on it to the same extent. this most likely would require thephone expense to be reported on Schedule C or E. As an employee, neither the phone nor the insurance are deductible for federal purposes, though some states might allow a deduction. 

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1 Reply
Mike9241
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Can I deduct phone insurance?

if the phone expense is deductible so is the insurance on it to the same extent. this most likely would require thephone expense to be reported on Schedule C or E. As an employee, neither the phone nor the insurance are deductible for federal purposes, though some states might allow a deduction. 

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