Are there any closet freelancers in Narrow Bridge reader land? If so, I have a question for you. I got a form from my accountant last week asking about any direct costs I have associated with freelance writing I do online. I made about $650 last year from writing projects.
The question is, how do I figure out what percent of Internet costs were associated with the writing? How about other utilities and rent? I did the work from home, and could not have done it anywhere else. I needed power, Internet, and space to do the writing. What part of all of that is a business expense?
Have any of you done this before? How did you figure it out? Please give your ideas in the comments.
[Also, a quick thanks goes out to Evan for including Narrow Bridge in this week's Carnival of Personal Finance.]
