House Utilities

[midaycare]

For those that own a home, do you pay your home back a percentage of the utilities monthly, or save all of the bills and do a write off at the end of the year?

[BumbleBee]

I, personally, do a write off at the end of the year based on my time space percentage.

[midaycare]

Thank you!

[melilley]

I, personally, do a write off at the end of the year based on my time space percentage.

Same here

[sharlan]

I write off at the end of the year.

[midaycare]

Thanks everyone. I thought that was probably how it was supposed to be done, since I won't know my time/space percentage until the end of the yeat

[rebekki78]

I, personally, do a write off at the end of the year based on my time space percentage.

This. Thankfully my accounting program does this automatically after I enter in all info!

[itlw8]

I do not keep the money that separate. Everything is pretty much mixed together. I pay the bills and at the end of the year I take it as a deduction But I do not pay a home account. Heck since we file jointly even the tax return is comingled