*Loan,banking and credit>>>business tax

Is getting a business phone (2nd line) for a home office tax deductible?

i have a home based business and have a personal phone line. I would like to add a second phone line strictly for business, and i'm wondering if that is going to be tax deductible? the fee is going to be $49.99/month or close to $600 per year.

Can i deduct this amount when filing taxes as a business expense?

I do, as well as my DSL and my Cell Phone (they are business) I have personal as well. You can deduct all business expenses.

Lets say your house is 2,000 square feet your office is 500 square feet. Then I deduct 25% of my utilities, 25% of my mortgage, 25% of everything.

Call a tax accountant, he will tell you the same Source(s): 15 years mortgage real estate exp.

If the line is in the business name, yes.
yes, as long as it is dedicated to the business. But remember the irs has specific rules on home office. Visit
www.irs.gov.
A longer answer would require quite a bit of information from you. If you have a business you should have an accountant and he/she will be able to explain it to you.
Yes you can its like any other thing that you would buy and use for your business like paper,stamps,computer,gas oil milage for your car or truck,part of your house,part of your elect bill,
Anything thats business related can be deductible but you will need to save receipts to file at the end of the year.
hope this helps.
been in business for many years
Having a second line will make your deduction more credible. Make sure all your marketing literature has the business number on it. I have a business line and when I am away from the phone, I have my calls forwarded to my cell phone, (also deductible), so I can be in contact with my clients 24/7.