What Can You Deduct as a Utility Expense?
What Can You Deduct as a Utility Expense?
Cable television, electricity, garbage (pick-up costs or costs to take garbage to a dump), gas, Internet, kerosene, oil, propane gas, solar panels, recycling fees, sewage disposal, and second phone line.
In general, deduct the Time-Space Percentage of these costs and claim them on IRS Form 8829 Expenses for Business Use of Your Home.
Tom Copeland - www.tomcopelandblog.com
My Family Child Care Record Keeping Guide lists over 1,000 allowable deductions.
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