Are MCE Cruises Tax deductible?

Check with your CPA for his or her thoughts but we believe our MCE cruises are tax deductible.

The combination of classes at sea and our real estate shore excursions combine to make your cruise tax deducable!

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Per the IRS "If you travel by ocean liner, cruise ship, or other form of luxury water transportation for business purposes, there is a daily limit on the amount you can deduct. The limit is twice the highest federal per diem rate allowable at the time of your travel. (Generally, the federal per diem is the amount paid to federal government employees for daily living expenses when they travel away from home, but in the United States, for business purposes.)

Example.

Caroline, a travel agent, traveled by ocean liner from New York to London, England, on business in May. Her expense for the 6-day cruise was $5,200. Caroline's deduction for the cruise cannot exceed $4,188 (6 days × $698 daily limit)."

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If you were only to take MCE classes on the cruise ship then the cruise would only be partially deductible. Taking our real estat tours at the ports of call is what makes the difference! Only MCECruise.com offers you both, the MCE Classes on ship and our exclusive real estate tours when in port!

Again, don't take our word for this. Check with your CPA for his or her final word on the subject!