Thread: Phone Bill
View Single Post
Old 03-14-2014, 03:43 PM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,066
Default phone

Originally Posted by Scout View Post
Thank you, I am guessing that means no since it is our only phone. We would need to take out a new line just for business purposes then?
Since you only have one phone line, you can't deduct any portion of it. If you got a second line you can deduct the business portion of it. The second line does not need to be dedicated just for business purposes. Use your time-space % to determine the business portion of the second line, or calculate your actual business use percent.
Reply With Quote