Shelley is self-employed in Texas and recently attended a two-day business conference in New Jersey. After Shelley attended the conference, she had dinner with an old friend who lived nearby. Shelly documented her expenditures (described below). What amount can Shelley deduct?

Question

Quizplus · Accepted Answer

Shelley can deduct the cost of her conference registration fee ($1,600), airfare ($400), lodging ($500), and meals during the conference ($240), for a total of $2,740. However, the cost of her dinner with her friend is not deductible as it is not directly related to her business activities. The fact that she visited her friend does not negate her ability to deduct her conference expenses.

Shelley Is Self-Employed in Texas and Recently Attended a Two-Day