Can you deduct your travel expenses for a trip where you combine business and personal activities? The answer of course is it depends on facts and circumstances. It depends in part on where you travel to, how long you were there, what you did on the trip, etc. Your trip may be entirely business related or "considered entirely for business" if you pass a test for an exception.
In many cases, you will need to figure the percentage of your trip that was for business versus personal and you may be able to deduct the business portion of your trip based on the IRS directions for the calculation of the percentage. Then the worst-case scenario is if your trip was primarily for personal reasons and the business portion was incidental then none of your trip may be deductible. So again, if your trip or a portion of it is deductible for business purposes depends on facts and circumstances.
The details of the consideration of business travel expenses are included in IRS publication 463 and I am sure in other publications too. An entire consideration of the subject consists of 50 pages in the IRS publication 463 so it is too much for a single blog post. Who would have thought travel would be so complicated? Well now you know.
You probably don't want to read the 50 page IRS publication 463 but just in case here is a link to it:
By the way, you might want to put yourself in the shoes of an IRS auditor when considering your deductions for travel. An auditor might want to see your pictures from your trip but he will definitely ask to see your records to substantiate the business portion of your travel. So make sure you keep good and detailed records of your trip and of all your business expenses.
Before you take that part business part personal trip you ought to have a conversation with your CPA, or me the CPA Superhero, to figure out how much of the trip you will be able to deduct if any. I would be happy to help you with your business and your taxes and your travel expense deduction issues. Please don't hesitate to contact me using my information below.
Contact the CPA Superhero for help with your business and your life goals. For over thirty years I have worked with many different successful and unsuccessful business owners and that experience has given me unique insight that you can tap into as one of my clients. So email me at firstname.lastname@example.org to arrange an initial conversation to discuss your situation. Remember, while taxes and business are complicated, I have been through it numerous times and I can help you. So contact me today.
Jeff Haywood, CPA
The CPA Superhero
The above information is general information and is not all inclusive and as always in your tax situation everything "depends on facts and circumstances." So call me to talk about your specific facts and circumstances.