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Travel expenses are deductible in determining adjusted gross income in the case of an individual involved in a trade or business or in a transaction entered into for profit. Travel expenses include transportation costs and the amount spent for meals and lodging while away from home in the pursuit of a trade or business. However, the 2 percent of adjusted gross income floor applies to unreimbursed travel expenses of employees and the 50 percent limitation applies to meal and entertainment expenses without regard to whether the taxpayer is traveling.