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To explore the tax implications of travel expenses for visiting professors and the conditions under which deductions apply.

Tax Implications for the Visiting Professor.

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To explore the tax implications of travel expenses for visiting professors and the conditions under which deductions apply.
Examine legal provisions regarding tax deductions for travel expenses and moving expenses.
Analyze circumstances under which duplicate costs are incurred by visiting professors.
Discuss implications of Sections 62, 217, and 162 of the Internal Revenue Code.
Strongest case for a travel deduction arises with significant duplicated costs and a commitment to return within a year.
Moving expenses under Sections 62 and 217 may be more appropriate for minimal costs incurred.
Deduction for moving expenses is limited to transport costs of family and goods, as well as meals during travel.

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Analyzes tax deductions for travel and moving expenses in visiting professors, indicating potential financial benefits.

Ray M. Sommerfeld (1967) studied this question.

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