Question

Mikey is a self-employed computer game software designer. He takes a week-long trip to Maui, primarily for business. He takes 2 personal days at the beach. How should he treat the expenses related to this trip?

The cost of all of the airfare and the expenses related to the business days should be deducted, while the expenses related to the personal days are not deductible.

Answer 1

Mikey's airfare, and expenses related to the business operation should be deducted, or in other words, covered by the company.

On the contrary, Mikey's expenses during the two days off he took should not be deducted because they are not related in any way whatsoever to the business operations. These are personal expenses that Mikey has to cover with his personal income.