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June 1, 2019
Solved

I purchased airfare in 2016 for travel in 2017. Does that go on my 2016 taxes or 2017?

  • June 1, 2019
  • 1 reply
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This is for a business reporting on schedule c
Best answer by Zbucklyo

If you are a cash basis taxpayer, it would be expensed in 2016.

1 reply

ZbucklyoAnswer
Employee
June 1, 2019

If you are a cash basis taxpayer, it would be expensed in 2016.

June 1, 2019
I haven't had this happen before usually I pay and do in the same year. I will have expenses for this trip to report on my 2017 tax return if that matters? Will it make a difference if I put it on my 2016 or 2017 taxes?