if im working for a company but work from home on my computor can I deduct the cost of my internet service and

Question

phone from my taxes

Answer 1

The first phone line to your home is never deductible. If you have a second phone line that you use for business, you can deduct that expense.

Even with one phone line, you can deduct toll calls and long distance if those expenses are business related.

If your Internet service is necessary for your work, you can deduct that expense. If you use the Internet service for both work and non-work, deduct the percentage of the expense that is business.

If you receive a W-2 for your work, these expenses go on Schedule A and can only be deducted to the extent they exceed 2% of all your income.

If you receive a 1099, they go on Schedule C and are fully deductible against your income from this work.

Answer 2

2

Answer 3

Set up a portion of your home as the office and have everything that has anything to do with the work located in that area.Then you can deduct your fax, telehone and Internet service fees from your salary Income for the purpose of I.T

.In addition ,the cost of maintaining the Computer, and peripherals and stationery connected to the work will be deductible expenses before tax. to the extent these are used for the work .

Answer 4

You may be able to count this as employee business expenses. Look in publication 17 online at the irs web site.

Answer 5

yes it can be tax deductible because you are using it for work and it counts as an expense

Answer 6

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