If you are self-employed or small business that uses the Internet for business purposes, you can deduct the monthly cost of Internet service in your federal tax return. Deduction of income from employment or business to reduce its net profit, which in turn reduces the amount of self-employment taxes and federal taxes owed for the fiscal year. If you work from home, you can deduct the cost of the Internet, but first must determine what percentage of business versus personal use.
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