Can I pay my monthly phone bill through my LLC since it's used for business?

Can I pay my monthly phone bill through my LLC since it's used for business?

by Larry M. Carroll, CPA | Oct 09, 2017
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I have an LLC (property management). Am I able to buy my next phone and pay for the monthly bill through the LLC as an expense? I use the phone primarily for the LLC and W-2 job; however, there are personal overlaps since this is my only phone.

If this is your only phone, then you can deduct only identifiable business use.
 
If you have a land line, then the business part of the cost of the phone and usage charges are deductible. Personal use and use for your W-2 job are not deductible. W-2 use might be deductible as an itemized deduction subject to the 2 percent limitation.
 
For more resources, check out PICPA’s Money & Life Tips, Ask a CPA, or CPA Locator.

Answered by: Larry M. Carroll, CPA, is individual practitioner with Larry M. Carroll CPA PC in Blue Bell, Pa.
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