accounting






 

Question by  4lizzieb (120)

If I use my phone for work is it tax deductible?

I use a lot of my minutes on work-related stuff.

 
+6

Answer by  EM82 (18)

There are many variables that can play a role in this matter. You can only deduct the portion of the phone bill that was used fo work. This can be very hard to quantify and the IRS will look to see if you have allocated it properly.

 
+4

Answer by  Cecilia (2828)

The best answer is "It Depends". There are several things to consider including record keeping, percentage of business use and who pays the expense.

 
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