2007-04-10 02:22:33 · 11 answers · asked by ferreira 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Yes.
If you own a licensed business and you use it for that purpose.
2007-04-10 02:25:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This year a special circumstance applies you can apply for the safe harbor amount or the actual federal excise tax paid for period covering March 2003 thru Aug 2006. You will need to file form 8913 if you want a refund of actual tax paid plus interest or you can take safe harbor amount which ranges from $30 to $60 depending how many people on return.
Make sure if you go for the actual amount you have all your bills i am sure this will be a big audit item. read instructions for 8913 if not go to tax pro it is worth it. I had a client filing single his safe harbor amount would have been $30 he had all his bills applies to all phone bills you paid for landline and cell and he was able to get $180 as a credit. If you don't have bills take the safe harbor amount phone companies are charging upwards of $5 per copy of each statement.
This is the only special circumstance that is new this year the other answer's gave situations that are good examples of where phone bills can affect your taxes.
Hope this helps:-)
2007-04-14 00:28:38 · answer #2 · answered by hpasi923 2 · 0⤊ 0⤋
If used in conjunction with a business or work they can be tax deductible as expenses. As a railroad worked my home phone bill and cell phone are both tax deductible because that is how the railroad gets in touch with me to go to work.
2007-04-12 16:56:40 · answer #3 · answered by parrot37660 1 · 0⤊ 0⤋
Phone bills for business purposes are deductible for taxable income, yes.
Otherwise, personal telephone usage is not deductible. However, there is a one time credit available for taxpayers concerning the refund of phone excise taxes. For more information, see the instructions for Form 1040 or, in more detail, Form 8913.
2007-04-10 09:27:48 · answer #4 · answered by Molly 6 · 0⤊ 0⤋
not the entire phone bill, unless you used it for business, just the taxes on your phone bill
2007-04-13 22:12:19 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you use a portion of your home (you work from your home) as your office (20% of your home is your office) then you may itemize and write off 20% of your phone bill.
2007-04-10 09:30:01 · answer #6 · answered by ZAZZLE.COM/SAMMIMLAMV* 3 · 1⤊ 0⤋
I got a $30 credit here in TX for having a bundled package.
2007-04-10 09:25:26 · answer #7 · answered by Bunny Lebowski 5 · 0⤊ 0⤋
If it's your personal phone bills, no - if they're business expenses, then maybe.
2007-04-10 13:54:48 · answer #8 · answered by Judy 7 · 0⤊ 0⤋
NO - PHONE BILLS ARE NOT TAX DEDUCTIBLE
2007-04-10 09:27:13 · answer #9 · answered by JOE R 1 · 0⤊ 1⤋
I don't think so. They might be if it's business related, kind of like gas, a business expense so to speak.
2007-04-10 09:25:43 · answer #10 · answered by Elaith C 2 · 0⤊ 0⤋