topic Tax Year Prior to 2020: About deducting travel expenses 1) i don't have log about my meal expenses, can i use my bank statement ? 2) what do you mean by keeping a log of all your business trips in Deductions & credits

Tax Year Prior to 2020: About deducting travel expenses 1) i don't have log about my meal expenses, can i use my bank statement ? 2) what do you mean by keeping a log of all your business trips

dmngaya — Thu, 27 Apr 2023 22:30:19 GMT

I was commuting every day by my car from lexington to cincinati for work

Yes, you bank statements will be allowed to verify the ex...

KarenL2 — Thu, 06 Jun 2019 09:32:15 GMT

Yes, you bank statements will be allowed to verify the expense as long as it it clear it is a restaurant. In order to deduct travel expenses, especially mileage, you need to keep a log of some sort that clearly explains the following: business purpose, business mileage (if any), date(s), and the location. You can use a spreadsheet, calendar, or any means of tracking as long as it's documented.