CHAPTER 9Travel
We live in a highly mobile age—we are always on the go for work, play, or other activities. We travel by car, airplane, train, ship, bus, and taxi. We spend a lot of money annually on getting around. As the pandemic waned, travel picked up. The tax laws can help to defray some of your travel costs in certain situations.
This chapter explains the types of travel expenses you can deduct. You will find an explanation of recordkeeping rules for travel expenses as well as some forms you can use to comply with these rules.
Prior to 2018, if you entertained customers, clients, or other business associates, you could claim a deduction for entertainment costs (subject to certain limits). However, this write‐off opportunity has been eliminated.
For more information, see IRS Publication 463, Travel, Gift, and Car Expenses; and IRS Publication 1542, Per Diem Rates.
Business Travel
Americans travel quite a lot for business. According to the U.S. ...
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