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I had two trips cancelled and lost deposits due to COVD - can I deduct these?
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I had two trips cancelled and lost deposits due to COVD - can I deduct these?
No. Sorry but those are personal expenses that are not deductible on your tax return.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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I had two trips cancelled and lost deposits due to COVD - can I deduct these?
Not directly. Any expenses you incurred related to the cancelled trips are deductible. The loss of income or the refund of deposits are not deductible as expenses.
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