i am new to Avon and I dont have the internet at home. If I am using the internet for "work" Avon purposes would I be able to write that off my taxes?
2007-10-19 10:34:08 · 3 answers · asked by renaemicheli 2 in Business & Finance ➔ Taxes ➔ United States
You can write off the portion (as a percentage) you use for business purposes. This also applies to your car and asset depreciation. For example, I work from home and I have 1 car, 1 computer, 1 printer, etc. I use all of those things for business and personal use. As I use them about 75% for business, I can deduct 75% of the depreciation expense as well as tangible expenses such as paper, gasoline, internet access, etc.
2007-10-19 10:48:14 · answer #1 · answered by natethenorsk 2 · 0⤊ 0⤋
It is very tricky. You Will need to have proof for everything, including usage of Internet. It is very hard to prove, that you used Internet for 30,30,40% (for Avon related purpose) and not only 10%. The same goes for car, office space, etc .
All dependes on your income. If your Avon business will bring you logit income, you will be able to do it.
2007-10-19 18:45:06 · answer #2 · answered by Obama Happends 5 · 1⤊ 0⤋
If you get the Internet at home, and use it for your business, you might be able to write off the part of the fee that's the percentage it's used for your business rather than personal use.
2007-10-19 19:31:58 · answer #3 · answered by Judy 7 · 0⤊ 0⤋