Larry went from Cleveland to New York on business. His time was spent as follows: Thursday...

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Larry went from Cleveland to New York on business. His time was spent as follows: Thursday...

Larry went from Cleveland to New York on business. His time was spent as follows:

Thursday Travel

Friday Business

Saturday and Sunday Sightseeing

Monday and Tuesday Business

Wednesday Travel

During the trip, Larry incurred and paid expenses of $180 per day for lodging from Thursday night through Tuesday night and $110 per day for meals. Round-trip airfare was $400. Larry is a selfemployed attorney who practices law in Cleveland. How much can Larry deduct for the New York trip?

business accounting

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Answer 1

Answer #1

ANSWER:

Larrys Deduction: Lodging ($180 x 6 Days) Airfare Meals ($110 x 5 Days x 50% Total deduction $1,080 $400 $275 $1.755 *50% cu

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Answer 2

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Larry went from Cleveland to New York on business. His time was spent as follows: Thursday...

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