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ShepFin007
Level 1

Simplified method for lodging

Does a simplified method exists for lodging expense for earning "business' income"?  I see the simplified method for travel which includes km rate and daily meal rate but nothing for lodging

1 Comment 1
janisbossenberry
Level 7

Simplified method for lodging

No, there is no such thing.  Also, the KM rate and daily meal rates are for moving and medical expenses - business expenses require tracking of actual meal cost, supported by receipts, and a vehicle log to allocate vehicle expenses actually incurred.