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Not applicable
posted Jun 6, 2019 5:21:03 AM

For an LLC Partnership, Is Airline, POV Mileage at GSA @.535, Hotel, Tolls, etc related to client business deducted in the Business Fed Tax Deduct "Business Travel Exp"?

Filling out business expenses.  Considering an LLC partnership of my self and my wife, I;m not sure if we declare the travel expenses on the business side under Fed Tax Business Travel Deductions or wait until I get to the 1040 side.  

The reason for the hesitation is not seeing the business expense category broken into more parts (e.g. mileage calc, air, hotel, etc).  Maybe the IRS just wants the total and only cares about the details if they wish to see it.  in any case,  Just making sure where to claim all the travel....

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1 Best answer
Level 13
Jun 6, 2019 5:21:05 AM

Business related expenses should be claimed on the entity level return; in your case form 1065 sine you appear to be using TT Business.

1 Replies
Level 13
Jun 6, 2019 5:21:05 AM

Business related expenses should be claimed on the entity level return; in your case form 1065 sine you appear to be using TT Business.