|
#3
| |||
| |||
| "Don Baaso" <thetaxdonNS[at]comcast.net> wrote: - quote - > If deductible, this is an employee business expense subject
My last message got deleted, so I will try again.> 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. 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
| |||
| |||
| sheesh3[at]yahoo.com wrote: - quote - > Even though the calls in question were all listed at $0.00
Thank you! Couldn't figure out how to get there from here...> 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. kellye << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#1
| |||
| |||
| "kellye smith" <ginandregret[at]cox.net> wrote: - quote - > My husband and I share a two-line cell account. He uses the
If deductible, this is an employee business expense subject> 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? 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 > << -------------------------------------------------> |
| | |||
| |||
| ginandregret[at]cox.net (kellye smith) wrote: - quote - > My husband and I share a two-line cell account. He uses the
Even though the calls in question were all listed at $0.00> 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? 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
| |||
| |||
| 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 | |
| |