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I want to get a cell phone that will be used for business purposes. is that tax deductible?

2006-09-06 11:51:05 · 5 answers · asked by Crickett 1 in Business & Finance Taxes United States

5 answers

A cell phone is tax deductible to the extent it is used for business. If you bought it to use for business it is clearly deductible, but do not take 100%. They wont believe that you never make a personal phone call. Judge for yourself, but don't go over 90%.

2006-09-06 12:01:39 · answer #1 · answered by irongrama 6 · 0 1

You can use it for business purposes and deduct it as an expense from your schedule c income. it is also fully deductible because for one you state you do not already have one so therefore personal calls would not be an issue. also it is a necessary and reasonable business expense, therefore, yes deduct it. also, talk to your accountant, maybe you are missing some other deductions you could be taking, i mean, you are already missing the boat on your telephone calls.

2006-09-06 13:51:10 · answer #2 · answered by chelley 2 · 0 0

Naaaa unfortunately. Maybe for business purposes you can put it in the accounting ledger as expense. But you pay the tax when you buy it and wont get it returned. However as I mentioned it can be an expense within a business framework you will have an indirect tax advantage!

2006-09-06 12:01:26 · answer #3 · answered by KCD 4 · 0 1

Yes, if you use it for your own business. However, if you combine it for business and personal use, then the business portion is deductible.

It is also deductible if you use it for your job and do not get reimbursed by your employer as long as you itemize your deductions

2006-09-06 12:03:00 · answer #4 · answered by Steve 6 · 1 1

for buisness puposes

2006-09-06 11:55:22 · answer #5 · answered by midasoffice1 1 · 1 1

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