Welcome to the TravelTax Blog

While you may have read my articles on various websites, or my posts on FB pages and other forums, from time to time I like to wax eloquent without fitting my thoughts into someone else’s prescripted format. Some of the entries may be long and a few will simply be rants. Whatever the case, you are guaranteed to find some nugget of tax knowledge fitting for your situation with a dash of sarcasm or philosophy.

Since our clients are primarily engaged in multistate assignments, cross border employment or posted abroad, they share a common connection of working on the road, exploring the world or just planting themselves in a foreign land ….. travelers and nomads at heart.

Be sure to visit our website http://www.traveltax.com

Thanks for reading!

I Do Not Want a Reimbursement!! Ill Deduct It On My Return Instead!!

Refusing Money

 

Want to decline tax free reimbursements for travel expenses and deduct them on your return instead? You cannot claim the deduction if you were offered or had access to an employer reimbursement..

Linked below is an old court case that is still cited in current cases involving an executive that refused to submit his expense reports to his company for reimbursement and then claimed the expenses on his return. The court denied his deduction because “he {was} attempting to convert the employer’s right to a deduction into a right of his own.”

60-1 USTC 9135 Marvin A Heidt and Beatrice Heidt Petitioners-Appellants v Commissioner of Internal Revenue