How much of this can I deduct?
Molly • Multi professional
In general, if you use your phone & Internet services for both business and personal purposes then you can deduct your phone & internet bills in proportion to its business use. For example, if someone uses their phone 50% of the time for business use (this includes calls, messaging etc.) then they can deduct 50% of the overall phone bills. In the FlyFin app, you can mark all such phone and internet expenses as deductions and later on we will apply a % based on business usage at the time of tax filing.
Dixon is one of the best tax experts from the United States. He has an experience of 28 years in the field of corporate finance. Before FlyFin, Dixon had served as the Tax Head at KPMG, NJ.