Question

Danny owns an electronics outlet in Dallas. This year he paid $685 to register for a four-day course in management in Chicago. Danny paid $715 in airfare and $660 for five nights' lodging. After the course, Danny spent the last day sightseeing. During the trip. Danny also paid $310 a day for meals, and $250 a day for a rental car. What amount of these travel expenditures may Danny deduct as business expenses? Essay Toolber navigation BIVSE 11E AA

Answer 1

$685 715 528 620 Deduction of Travel expenditure: I .. Registration Air fare lodging (660x6] Meat (4(3:0\)] Rental Car 41(95043.)} (* 250) 1000 → Total deduction $3548 As the trip is primarily for the purpose of business, airfare is completely deductable and only le days for lodging, half the meals .. and actorental 1000