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| "David and Bebe" <davidnbebe[at]yahoo.com> wrote - quote - > What if someone just travles there for three months, to
If it qualifies as legitimate business related travel, then> research, and then comes back home? it would be deductible. Be aware that the IRS questions these types of activities. Mostly in cases where it looks and smells like a hobby on steroids, if there are losses in general and on that trip specifically, or if there is a significant aspect of pleasure. -- Paul A. Thomas, CPA Athens, Georgia taxman at negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| "Paul A Thomas" <taxman[at]negia.net> wrote: - quote - > "David Kilo" <callmekilo[at]earthlink.net> wrote
What if someone just travles there for three months, to> > Ok, lets say I am a longtime journalist, both freelance and > > staff. But then I take a year or so off and move to Paris to > > write a novel about Paris. What can I deduct underwhat > > circumstances? What if I need 10 years to finish the book? > > When do I take research deductions? And what are the > > deductions? Rent? Travel to and from? > If you move to Paris then that is a personal choice that > also negates any "travel" deductions because you aren't > "traveling", it's where you live. There aren't any > deductions for personal living expenses allowed as a > business expense. research, and then comes back home? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "David Kilo" <callmekilo[at]earthlink.net> wrote - quote - > Ok, lets say I am a longtime journalist, both freelance and
If you move to Paris then that is a personal choice that> staff. But then I take a year or so off and move to Paris to > write a novel about Paris. What can I deduct underwhat > circumstances? What if I need 10 years to finish the book? > When do I take research deductions? And what are the > deductions? Rent? Travel to and from? also negates any "travel" deductions because you aren't "traveling", it's where you live. There aren't any deductions for personal living expenses allowed as a business expense. -- Paul A. Thomas, CPA Athens, Georgia taxman at negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| Ok, lets say I am a longtime journalist, both freelance and staff. But then I take a year or so off and move to Paris to write a novel about Paris. What can I deduct underwhat circumstances? What if I need 10 years to finish the book? When do I take research deductions? And what are the deductions? Rent? Travel to and from? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| artists or writers, expenses, questions |
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