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Old 08-04-2016, 04:42 PM
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Question Want to claim internet and phone as expense but it's not in my name

I am about to be self employed. Can I claim internet and phone bill as an expense if it's not in my name but I pay her the money to pay the bill? Please help and thank you



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Old 08-04-2016, 11:22 PM
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Yes aslongas it is directly biz related expense; To claim Internet service as a business expense deduction, the Internet service and p hone expenses must be ordinary and necessary in the course of your business. You should keep all your receipts related to the cost of the Internet and phone svc to properly deduct the expenses on your SCh C of 1040. Only the portion of business-related activities on the Internet/ phone exp are deductible



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