Thread: Phone Bill
View Single Post
TomCopeland 02:43 PM 03-14-2014
Originally Posted by Scout:
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