Question

Ryan can provide written documents of the business purpose for trips totaling 4260 miles. what business expenses amount can Ryan deduct (if any) for these trips?

Answer 1

Ans:- If Ryan can provide the written documents of the business purpose for trips the following business related expenses can be claimed as deduction:-

1) 50% percent of cost of meals when travelling.

2) Air, rail or bus(vehicle fares).

3) Baggage Charges.

4) Hotel Expenses

5) Expenses of operating and maintaining a car, including the cost of gas, oil, lubrication,washing, repairs, parking charges

6) Cleaning & Laundary Expenses

7) Tips on Eligible expenses

8) Transportation Expenses for cost for sample, and display material and sample room costs.

9) Vehicles Running Expenses