Home based business tax write offs?

J

John S

New member
I just started network marketing home business. And my question is what can i write off for the taxes? I know that I can write off millage, office equipment. What else can I write off. How do I write off a cell bill I use for personal and business? Any sites where I can find this?
 
1. Mileage for business
2. Office equipment is capital expense. You can get section 179 deduction.
3. Home office rent for part of home office space that you use exclusively for business.
4. Telephone, if one phone, then generally no deduction. You may use another phone exclusively for business.
5. Internet connection for business use.
 
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