Electric Bill - Working at home... can you?

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  • V_RocKs
    Damn Right I Kiss Ass!
    • Nov 2003
    • 32462

    #1

    Electric Bill - Working at home... can you?

    Deduct any portion of your electric bill when you work from home?

    If I was not here, I'd be in a nice cushy office with my company sporting the bill... So since I work from home, can I deduct a portion?
  • ProjectNaked
    Confirmed User
    • Jul 2004
    • 4309

    #2
    Yes - measure your office and then find the percentage against the total of the house. You can then take that percentage off of your bills, electric, gas, water, phone, etc... usually like 10-15 percent. Call an accountant to be sure, it may be different in different states.

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    • munki
      Do Fun Shit.
      • Dec 2004
      • 13393

      #3
      Any costs involved in your ability to conduct business can be written off to an extent... Gas, rent or mortgage... etc..

      I have the simplest tastes. I am always satisfied with the best.” -Oscar Wilde

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      • ProjectNaked
        Confirmed User
        • Jul 2004
        • 4309

        #4
        forgot to add that you can deduct the percentage from the monthly rent also / not sure if you own -

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        • V_RocKs
          Damn Right I Kiss Ass!
          • Nov 2003
          • 32462

          #5
          Sweet... I also heard I can deduct medical and life insurance... anyone have a clue or currently do so?

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          • CamsLord
            Confirmed User
            • Jun 2006
            • 3663

            #6
            u can pretty much deduct anything thats related to your business, even the chair, desk, computers
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            • nekrom
              Confirmed User
              • Mar 2004
              • 921

              #7
              Yup down here in Aussie land you can do elec, gas, morguage, etc etc. You can also get back a % of your own money you may be paying into a superannuation fund.

              -N
              Free Traffic

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              • woj
                <&(©¿©)&>
                • Jul 2002
                • 47880

                #8
                Originally posted by MikyMunki
                Any costs involved in your ability to conduct business can be written off to an extent... Gas, rent or mortgage... etc..
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                • thaifan99
                  Confirmed User
                  • Jul 2003
                  • 3029

                  #9
                  100% yes.
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                  • Sosa
                    In Tushy Land
                    • Oct 2002
                    • 40149

                    #10
                    Go talk to your accountant..

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