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Updated almost 4 years ago on . Most recent reply

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8
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Michael Garland
  • Property Manager
  • Lancaster, PA
2
Votes |
8
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Shared Phone plan, tax write off.

Michael Garland
  • Property Manager
  • Lancaster, PA
Posted

Yo Bp,

I’m on a family shared phone plan that is not in my name. Can I write off part of my phone bill?

Using it about 30% for all transactions & communications.

Most Popular Reply

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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
5,985
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5,108
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

@Michael Garland

As @Ashish Acharya said, you need to be able to prove that you are paying for your part of the bill. Then the business portion of what you're paying is deductible.

Example: your family plan is $400/mo, and you're one of the 4 people on the plan, so you contribute $100 towards the bill. You use your phone 30% for business. You can then deduct $30/mo.

  • Michael Plaks
  • Loading replies...