In the US on itemized tax filling, can one write off electricity, phone, water tax?
2007-02-28 08:52:42 · 4 answers · asked by J 3 in Business & Finance ➔ Taxes ➔ United States
I would be very carefully claiming home office deductions. That throws a Red Flag up for the IRS. I would consult a Tax expert before you claim the home office or expenses related to it.
2007-02-28 09:02:34 · answer #1 · answered by newname_01 3 · 1⤊ 0⤋
No. Those are services and are not deductible even if called a "tax".
If the state levys sales tax on utilities at the general rate, that can be deducted if you itemize and choose to deduct State Sales Taxes instead of State Income Taxes.
2007-02-28 10:25:50 · answer #2 · answered by Bostonian In MO 7 · 2⤊ 1⤋
Taxes paid on utilites are not deductible on the Federal Tax return
Publication 17
2007-02-28 08:59:29 · answer #3 · answered by Anonymous · 2⤊ 1⤋
Not unless you are using the house as part of a business.
Then you would write off a portion of these expenses (House represents 20% for business purpose (based on square footage used) and you would then deduct 20% of heat, electricity etc)
2007-02-28 08:59:44 · answer #4 · answered by Anonymous · 1⤊ 3⤋