From the course: Taxes and Accounting for Music
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Travel and meals
- If you travel for your music business, you can deduct your unreimbursed airfare, hotel bills, car rentals, taxis, laundry, tips, cargo costs, and 50% of meal expenses. If you plan your trip right, you can even mix business with pleasure and still get a deduction for your airfare. If you travel within the United States, you can deduct a travel expense if it's primarily for music business and you travel outside your city limits. For your trip to be deductible, you must spend more than half of your time on activities that can reasonably be expected to help advance your career. For touring musicians, this includes time spent traveling, sound checking and performing. You don't have to travel any set distance to get a travel expense deduction. But you must travel outside the general area where your home is located. You can't take this deduction if you just spend the night in a motel across town. Also for the purpose of claiming the meal deductions, you must stay away overnight or at least…
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