How do I claim self-employed travel expenses?
If you're self-employed, you can claim reasonable travel expenses from yourself or your employees.
Select your TurboTax product and follow the instructions to claim travel expenses.
- Answer all the intitial interview questions if you haven't already.
- Select Find and enter self-employment.
- Select the search result, then Go.
- Answer all the questions about your self-employment and Continue on the Next up, claiming your expenses screen.
- On the Select the types of expenses you have screen, select Add under Business travel and Continue.
- On the Here's your graphic design info scree, select Start under Business travel.
- Enter the amount of your eligible travel expenses and Continue.
- Select Find from the menu and enter business.
- Select Business profile, then select Go, and at Business expert interview, select Continue.
- At Business Identification, select your category of self-employment, then select Continue.
- At T2125 Business Identification, enter your self-employment business information.
- Continue completing each screen, providing the information requested.
- At T2125 Business Income, provide the gross revenue (sales, fees) and other information, then select Continue.
- At T2125 Valuing Inventory, provide applicable information and select Continue, or select Skip Inventory.
- At T2125 Vehicle Expenses, select Yes if you have business vehicle expenses, and complete the screens for vehicle expenses.
- At T2125 Claiming Business Expenses, select Continue.
- At Meals and Entertainment, include your meal expenses from business travel, including a $50 per day fixed rate for any conventions attended, then select Continue.
- At Business Travel Expenses, claim the total of all travel expenses, but don't include the meal and entertainment expenses from step #10, and don't include convention expenses, then select Continue.
- At Other Expenses, include convention expenses after subtracting the $50 per day amount included at Step #10, then select Continue.