Some Surprising Deductions When You Travel for Business


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If you travel for business, you may be forgetting some of these common expenses.

If you have expenses for transportation, then you can deduct travel by airplane, train, bus or car between your home and your business destination. If you travel by ship, there are some additional rules and limits.

If you travel by taxi, commuter bus or limo, then you can deduct the cost of fares that take you between the airport or station and your hotel and the hotel and work location of your customers or clients, your business meeting place or your temporary work location.

If you have expenses for baggage and shipping, then you can deduct the cost of sending baggage and sample or display material between your regular or temporary locations.

If you have expenses for a car, then you can deduct the cost of operating and maintaining your car when traveling away from home on business, or you can use the mileage deduction.

If you have expenses for lodging and meals, then you can deduct expense for your lodging and meals if your business trip is overnight or long enough that you need to sleep or rest to properly perform your duties.

If you have expenses for cleaning, you can deduct the expenses for dry cleaning and laundry.

If you have expenses for your telephone, you can deduct costs for business calls while on your business trip.

Don’t forget you also get to deduct tips!

Keep track with receipts as much as possible.

Plan now so you’re not trying to put this all together at the last minute.



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