when you own a business can u deduct vacation expenses?

Answer 1

No, vacation expenses are just that, a "vacation" that has nothing to do with a business. They are personal expenses that are not deductible.

Answer 2

Not officially.

Some persons attempt to schedule a business trip to the same place and deduct as business trip expenses some things that they would have paid anyway for the vacation (such as airplane tickets). This is not always legal. Check the instructions from the IRS.

Answer 3

Per IRS regulation 1.162-2(b) - If the trip is primarily for business then your travel to and from the place is deductible. Business expenses while there are always deductible. Your families expenses and your non-business expenses (ie: extra days lodging, tickets to Disneyworld) are not deductible.

Reg 1.162-2(b) reads:

(1) If a taxpayer travels to a destination and while at such destination engages in both business and personal activities, traveling expenses to and from such destination are deductible only if the trip is related primarily to the taxpayer's trade or business. If the trip is primarily personal in nature, the traveling expenses to and from the destination are not deductible even though the taxpayer engages in business activities while at such destination. However, expenses while at the destination which are properly allocable to the taxpayer's trade or business are deductible even though the traveling expenses to and from the destination are not deductible.

(2) Whether a trip is related primarily to the taxpayer's trade or business or is primarily personal in nature depends on the facts and circumstances in each case. The amount of time during the period of the trip which is spent on personal activity compared to the amount of time spent on activities directly relating to the taxpayer's trade or business is an important factor in determining whether the trip is primarily personal. If, for example, a taxpayer spends one week while at a destination on activities which are directly related to his trade or business and subsequently spends an additional five weeks for vacation or other personal activities, the trip will be considered primarily personal in nature in the absence of a clear showing to the contrary.
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As always, you should consult a tax professional about your personal curcumtances.

Answer 4

No, personal expenses are never deductible, whether you own a business or not.

Answer 5

Uh, no. Why would the other taxpayers have to pay for your vacation?