I'm an I.T. freelancer (single employee LLC). I entirely work from home except for the occasional business trip to the client.
This summer, I plan to take several weeks travel to Europe, where about half the time I will be a digital nomad working from the hotel, billing my client for my hours as I normally do from home. Can my LLC claim deductions for any portion of this travel on the days that I am working? Does this apply to just the hotel or food as well? What about some portion of my airfare (if yes, is it proportional to the percentage of my trip that I am working)?
Thanks! Vlad
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Yes, you can deduct the cost of airfare, lodging, non-entertainment related meals for business purposes. Just make sure you prorate the costs between business-related and personal.
Please read this IRS document for further information.
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