Solved: Deduct the full value of cell phone as a business expense, Accounting Basics

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Deduct the full value of cell phone as a business expense

Problem:

The taxpayer Bob has a cell phone that he uses for business. Is he allowed to deduct the full value of his cell phone as a business expense? Bob decides to analyze his actual usage for the past year and determines that 60% of his data usage is personal (nonbusiness). Can he still deduct the full amount? Where might he turn for tax advice?

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Accounting Basics: Deduct the full value of cell phone as a business expense

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