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Squish dee lish jumbo12/30/2023 Meals expenses, for either overnight business trips or for local business meals, are deductible on Line 24b. What about the cost of meals? You do get to deduct meals while on an overnight business trip, but not on Line 24a. But if the cost of two people is more than the cost of one person, your deduction is the one-person room rate, not the two-person room rate. What happens if your spouse travels with you and your spouse is not your employee? How do you determine the deduction for the hotel room? If the cost of the room is the same regardless of the number of people staying in the room, then you get to deduct the actual cost of the room. Lodging is the cost of staying in a hotel or motel. If you drive your own car, you would deduct the transportation expense based on whether you are using the Mileage Method or the Actual Expense Method for your vehicle deduction. It can include the cost of traveling by plane, train or bus, or any other form or public transportation. Transportation is the cost of getting to and from your destination. The two most common types of deductible travel expenses are transportation and lodging. If your spouse or children happen to travel with you, their travel expenses are not deductible, unless your spouse or child is an employee of your business and there is a bona fide business purpose for their presence on the trip. You can only deduct travel expenses for yourself and your employees. The first “ground rule” is the obvious one: the travel expenses must be related to an overnight trip of a business purpose.
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