| Author |
Message |
Goodrat
Member
Joined: 17 Mar 2007
Posts: 2
|
# Posted: 17 Mar 2007 12:25
Reply
Can I deduct all of my internet since I sell only the internet? There are 3 computers in the house, the others may be used for personal.
Also, we have 3 cell phones. Family plan. The other 2 are used for personal and only cost $10 a month, but the main number is for business and is about $50. We can share minutes though. I want to write off the $50.
|
Goodrat
Member
Joined: 17 Mar 2007
Posts: 2
|
# Posted: 19 Mar 2007 08:33
Reply
http://www.nshd.com/pdf/tax_action_memos/deducting_cell_phone_expenses .pdf
example of an internet search
|
Omaha
Member
Joined: 11 May 2007
Posts: 3
|
# Posted: 11 May 2007 17:51
Reply
Well as long as you can give legitimate proof that the phone is used primarily for business use I would say it is safe to write off just the $50. If you were to be audited you could show that the other phones are not used for this purpose and therefore were not used for a deduction.
|
pcwork
Member
Joined: 12 Aug 2006
Posts: 1288
|
# Posted: 11 May 2007 18:31
Reply
You can deduct internet expenses as business expenses
__________________
|
ttoadvisor
Member
Joined: 27 Jun 2007
Posts: 3
|
# Posted: 27 Jun 2007 13:59
Reply
According to my read of the IRS website, you can only deduct things like the Internet if you ONLY use it for your business. The safest course of action would be to read the IRS website for yourself.
|
(?)
