What is the name of your state? CA
Couple of questions about schedule C deductions for my sole proprietorship operated out of a home office:
(1) I took a training course sponsored by the local Small Business Administration. Is this deductible, and if so, where?
(2) Long Distance service: I pay a flat rate of $50/month for all local and long distance service. There is only one phone line, and it is shared with home (personal) use. The business use accounts for approximately 90% of the usage. Instructions for line 25 on Sch. C state that I can only deduct the cost of a second phone line. Is there any way I can deduct this phone expense anywhere else?
Thanks very much in advance!
Couple of questions about schedule C deductions for my sole proprietorship operated out of a home office:
(1) I took a training course sponsored by the local Small Business Administration. Is this deductible, and if so, where?
(2) Long Distance service: I pay a flat rate of $50/month for all local and long distance service. There is only one phone line, and it is shared with home (personal) use. The business use accounts for approximately 90% of the usage. Instructions for line 25 on Sch. C state that I can only deduct the cost of a second phone line. Is there any way I can deduct this phone expense anywhere else?
Thanks very much in advance!