Vacationing While on Business Travel – Is it Deductible?

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As the summer heat cranks up, it is tempting to squeeze in some leisure time during a business trip. But what does that do to the ability to deduct the costs associated with the trip?

If the trip is structured so that it is primarily business, the cost of the round trip transportation is deductible. The cost of lodging while on business is also deductible, as is 50% of the cost of meals.

To be considered “primarily business.” there is no bright line test; rather it is based on facts and circumstances. Reg. § 1.162-2(b)(2) speaks to the relative amount of …read more

Read more here:: Tax


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