What Can You Deduct as a Utility Expense?

DeductionsRecord Keeping & Taxes
Written By Tom Copeland

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.

Image credit: https://www.livescience.com/15995-fast-moving-cloud-kids-brains.html

Tom Copeland
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