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September 29, 2021
Two Of The USA’s Largest Tax Preparation Companies Confirm Gig Workers Must Separate Business vs. Personal Usage & Cost On Their Smartphones

Direct quote from Intuit/Turbo Tax on their tax advisory note dated July 1st, 2021 :

Separate your personal expenses from your business expenses by calculating the portion of your costs used for delivering food.

• If you have an expense that is both personal and business, then you need to allocate it between the two.

Intuit Source : https://turbotax.intuit.com/tax-tips/self-employment-taxes/filing-taxes-for-on-demand-food-delivery-drivers/L7dIkSK6I#:~:text=%20Filing%20Taxes%20for%20On-Demand%20Food%20Delivery%20Drivers,your%20expenses%20to%20help%20you%20fill…%20More%20

Direct quote from H&R Block :

When you use a personal cell phone for business, the regular monthly expense will not qualify as a deduction. To deduct the expense, you would need to calculate the business-use percentage of the mobile phone on a month-by-month basis.

Adequate documentation could include a log with these:

• Notes that indicate whether each call was personal or business

• Business purpose of each call

H&R Block Source : https://www.hrblock.com/tax-center/filing/adjustments-and-deductions/cell-phone-tax-deduction-requirements/

We automatically calculate and document the gig/busines usage of your smartphone between business and personal for calls, smses, and data. We provide the documentation to keep you audit proof.

IRS is targeting Gig Workers / Contractors / Freelancers : https://www.linkedin.com/feed/update/urn:li:activity:6820731117423992833/

59m Americans & 30% Of EU Workforce In Gig Economy : https://lnkd.in/g74wC_k

US tax courts are denying personal usage of smartphones : https://www.linkedin.com/feed/update/urn:li:activity:6729060164076470272/

Two Of The USA’s Largest Tax Preparation Companies Confirm Gig Workers Must Separate Business vs. Personal Usage & Cost On Their Smartphones

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