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June 6, 2019
Question

Cell phone for business. do I need to separate cost of actual phone vs. cost of service? do both go under "communication expenses"?

  • June 6, 2019
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1 reply

June 6, 2019

In the Business section of TurboTax, you can deduct both the price of the phone and the cost of communications if the phone is exclusively used for business.

The cost of phone can be deducted as Telephone equipment. It can be deducted in full if the price is under $2,500 and you make the de minimis safe harbor election.

The monthly charges can be deducted as communication expenses.

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nora724Author
June 6, 2019
what is de minimis safe harbor election?