2006-10-21 16:36:32 · 3 answers · asked by dorg526 1 in Business & Finance ➔ Taxes ➔ United States
I agree with Island Queen. However, if you are an employee you can only deduct those employment expenses that exceed 2% of your Adjusted Gross Income. So if you earn $30,000 your first $600 of cell phone bills each year do not give you any reduction in your taxes. As Island Queen said, expenses must be legitimate business expenses. Claiming private expenses will incur interest and penalties which can actually be more than the tax by the time you are done.
2006-10-22 10:13:17 · answer #1 · answered by skip 6 · 0⤊ 0⤋
If you use it for your own business(which must be a legit business) then you can deduct the entire bill for the year. If your employer requires you to have a cell phone, but does not reimburse you for that expense, you can deduct those business calls only. You have no way to write off a cell phone for any personal use however.
2006-10-21 16:43:57 · answer #2 · answered by Island Queen 6 · 2⤊ 4⤋
Yes you can if you use your cell phone for business and/or your employment. (i.e. real estate sales broker)
2006-10-21 16:47:12 · answer #3 · answered by Rodeored 2 · 1⤊ 1⤋