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April 4, 2023
Question

Are the monthly fees paid to travel host agency tax deductible?

  • April 4, 2023
  • 1 reply
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1 reply

DawnC
Employee
April 4, 2023

They are deductible business expenses on Schedule C if you are a self-employed travel agent.   To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your industry. A necessary expense is one that is helpful and appropriate for your trade or business. An expense does not have to be indispensable to be considered necessary.

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