Answer :
Jeremy can likely deduct his train fare as a business expense, given that the travel is for the purpose of his work as a personal trainer. It is important for him to keep proper documentation to support his claim.
Based on the information provided, I can advise Jeremy on the tax deductibility of his train fare.
Jeremy can potentially deduct the train fare from his taxes if it is considered an ordinary and necessary expense for his business as a personal trainer. Since he needs to travel from his workplace to his home gym to train clients, the train fare can be seen as a necessary expense for conducting his business.
To claim the deduction, Jeremy should keep track of his train fare receipts and maintain a record of the dates and purpose of his trips. This documentation will be important if he is audited by the tax authorities.
If Jeremy took the train to another gym where he trained clients from 4 pm to 7 pm, the tax deductibility of his train fare would still apply. As long as the travel is for the purpose of his business as a personal trainer, the expense would be considered ordinary and necessary.
In conclusion, Jeremy can likely deduct his train fare as a business expense, given that the travel is for the purpose of his work as a personal trainer. It is important for him to keep proper documentation to support his claim. Whether he trains clients at his home gym or another gym, the tax deductibility of the train fare remains the same.
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