Go Back   CDN Business Directory > Main Category > Taxes

 
 
Thread Tools Display Modes
  #3  
Old 01-27-2004, 09:33 PM
sheesh3@yahoo.com
Guest
 
Posts: n/a
Default Re: cell phone deduction question

"Don Baaso" <thetaxdonNS[at]comcast.net> wrote:

- quote -

> If deductible, this is an employee business expense subject
> to 2% of AGI reduction. I doubt the expenses would exceed
> this amount. If this is a personal use phone, no deduction
> unless you are incurring long distance business call
> charges.


My last message got deleted, so I will try again.

I agree with you 100% except for the part about long
distance charges. Why must the tp be incurring those to
have a deduction? A cellphone minute has a cost, no matter
whether it is an included package minute, or an additional
fee minute.

bex

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #2  
Old 01-22-2004, 07:15 AM
kellye smith
Guest
 
Posts: n/a
Default Re: cell phone deduction question

sheesh3[at]yahoo.com wrote:

- quote -

> Even though the calls in question were all listed at $0.00
> on the bill, you still incurred expenses for them.
> It is my opinion that you have two options for the costs on
> these.
> 1) Figure out the cost for all of your $0.00 calls by
> figuring out how many free minutes and dividing by the base
> cost of your cell service. This is the per minute cost for
> your "free" calls. You can then multiply that by the number
> of biz minutes, and you have a cost.
> 2) Figure out the total number of minutes you used on the
> phone, both "free" and billed minutes. Divide this by the
> total of the bill. This is your per minute cost. Multiply
> this by the biz minutes and you have a cost.
> The order of the billing and the use of the minutes is
> irrelevant. There is a real cost for these minutes, your
> cell company simply doesn't show it.
> Be sure to keep this bill, and staple the sheet with the
> math to it. If you are audited, bring it with you.


Thank you! Couldn't figure out how to get there from here...

kellye

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #1  
Old 01-21-2004, 01:08 PM
Don Baaso
Guest
 
Posts: n/a
Default Re: cell phone deduction question

"kellye smith" <ginandregret[at]cox.net> wrote:

- quote -

> My husband and I share a two-line cell account. He uses the
> primary line, and I use the secondary. The last few months,
> since he travels a lot, his work has used his phone to
> contact him. This means the "anytime" minutes used by work
> are all included in the base price, while the minutes I use,
> we've had to pay extra for. His work did not reimburse him
> for any bills, although they've just sprung for a new phone
> for him, so it will no longer be an issue for us.
> Meantime, can I deduct a portion of our cell bills? And how
> much, since on the bills, all his business calls are priced
> at $0.00?


If deductible, this is an employee business expense subject
to 2% of AGI reduction. I doubt the expenses would exceed
this amount. If this is a personal use phone, no deduction
unless you are incurring long distance business call
charges.

Don in Colorado

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 
Old 01-20-2004, 09:04 AM
sheesh3@yahoo.com
Guest
 
Posts: n/a
Default Re: cell phone deduction question

ginandregret[at]cox.net (kellye smith) wrote:

- quote -

> My husband and I share a two-line cell account. He uses the
> primary line, and I use the secondary. The last few months,
> since he travels a lot, his work has used his phone to
> contact him. This means the "anytime" minutes used by work
> are all included in the base price, while the minutes I use,
> we've had to pay extra for. His work did not reimburse him
> for any bills, although they've just sprung for a new phone
> for him, so it will no longer be an issue for us.
> Meantime, can I deduct a portion of our cell bills? And how
> much, since on the bills, all his business calls are priced
> at $0.00?


Even though the calls in question were all listed at $0.00
on the bill, you still incurred expenses for them.

It is my opinion that you have two options for the costs on
these.

1) Figure out the cost for all of your $0.00 calls by
figuring out how many free minutes and dividing by the base
cost of your cell service. This is the per minute cost for
your "free" calls. You can then multiply that by the number
of biz minutes, and you have a cost.

2) Figure out the total number of minutes you used on the
phone, both "free" and billed minutes. Divide this by the
total of the bill. This is your per minute cost. Multiply
this by the biz minutes and you have a cost.

The order of the billing and the use of the minutes is
irrelevant. There is a real cost for these minutes, your
cell company simply doesn't show it.

Be sure to keep this bill, and staple the sheet with the
math to it. If you are audited, bring it with you.

bex

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 01-16-2004, 06:39 AM
kellye smith
Guest
 
Posts: n/a
Default cell phone deduction question

My husband and I share a two-line cell account. He uses the
primary line, and I use the secondary. The last few months,
since he travels a lot, his work has used his phone to
contact him. This means the "anytime" minutes used by work
are all included in the base price, while the minutes I use,
we've had to pay extra for. His work did not reimburse him
for any bills, although they've just sprung for a new phone
for him, so it will no longer be an issue for us.

Meantime, can I deduct a portion of our cell bills? And how
much, since on the bills, all his business calls are priced
at $0.00?

Thanks in advance,
Kellye

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

Tags
cell, deduction, phone, question
Similar Threads
Thread Forum Replies Last Post
Exchange Student deduction question
maxine in ri: This is our second year hosting an exchange student. We received a notice from the organization through which our student came here that we are...
Taxes 3 01-03-2004 04:53 AM
Question: Donating Vacant Land for Tax Deduction
Todd: I have a question about tax implications if I am to donate vacant land to a charitable organization or church. I have the ability to purchase land...
Taxes 6 11-09-2003 05:24 AM
Home EquityLoan Deduction Question
: I took out a first mortgage for 140,000 in March 1988 (6%). I then took out an equity loan for $35,000 in September 2002 (6.99%). I am now thinking...
Taxes 2 07-25-2003 09:23 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 09:57 AM.