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  • Mar 30, 2013, 10:19 AM
    allinone
    Deducting phone expenses
    How to deducts phone expences for self-employed and how much? Which form to use?

    Thank you
  • Mar 30, 2013, 11:53 AM
    ScottGem
    You have to file a Schedule C, your phone expenses are entered under utilities.
  • Mar 30, 2013, 11:57 AM
    allinone
    Thanks a lot... and how is allowed?
  • Mar 30, 2013, 12:16 PM
    AtlantaTaxExpert
    Actually, if the phone is a HOUSE landline, it is NOT deductible as a utility. In fact, it is not deductible PERIOD.

    However, cell phones are deductible as a necessary expense. I usually put the monthly fees under OFFICE EXPENSES and depreciate the phone itself on Form 4562.
  • Mar 30, 2013, 01:12 PM
    ScottGem
    Quote:

    Originally Posted by allinone View Post
    Thanks a lot... and how is allowed?

    Not sure what you mean by "how is allowed?".

    As ATE pointed out, you cannot claim phone expenses unless you have the phone specifically for the business.

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