Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Box-By-The-Riviera™ who wrote (525)	1/29/1998 10:09:00 AM
From: Peter Singleton	Read Replies (1) of 5810

Joel, Are you sure on this? "travel expenses as you described are not normally deductable against cap gains.... unfortunately" I thought I read somewhere in the IRS publications that while traveling to annual meetings is not deductible, expenses for traveling to meet with management of portfolio companies is. Isn't this one of the miscellaneous deductions that are limited by income levels, etc? Peter

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