Article Date:
September 2012


Word Count:
1122

 

 

How to Deduct Travel by Car, Train, Plane, or Boat


Say you are going to travel from your home in Washington, D.C., to San Francisco.

 

Will the tax law allow you to travel to San Francisco by car, train, plane, or boat, your choice?

 

Answer. Yes. But special rules apply. You need to know these rules to guarantee your deductions.

 

Travel by Car

 

The tax code does not dictate the fastest or cheapest form of travel. Therefore, you can travel by automobile or other vehicle from Washington, D.C., to San Francisco.

 

When you travel by automobile, your direct route expenses for meals, lodging, and other costs of sustaining life on the road are deductible in addition to the vehicle expenses.

 

Side trips, say to the Grand Canyon, count ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee