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. Shelley documented her expenditures (described below). What amount can Shelley deduct?
A)$2,850
B)$2,740
C)$1,850, if Shelley itemizes the deductions
D)All of these expenses are deductiblebut only if Shelley attends a conference in Texas.
E)None of the expenses are deductible because Shelley visited her friend.

Question

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. Shelley documented her expenditures (described below). What amount can Shelley deduct? 
A)$2,850 
B)$2,740 
C)$1,850, if Shelley itemizes the deductions 
D)All of these expenses are deductiblebut only if Shelley attends a conference in Texas. 
E)None of the expenses are deductible because Shelley visited her friend.

Quizplus · Accepted Answer

Shelley can deduct the expenses related to the business conference, including registration fees, transportation, lodging, and meals during the conference. However, the dinner with her friend is not deductible because it was a personal expense. Therefore, of the listed options, only $2,740 is the deductible amount.

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