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?

Question

Quizplus · Accepted Answer

Shelley can deduct the following expenses related to the business conference: 
- Airfare: $700 
- Hotel: $600 
- Conference registration fee: $1,000 
- Meals during the conference: $200

However, the cost of dinner with her friend is not deductible because it was not a business-related expense.

Therefore, the total amount Shelley can deduct is $2,500 ($700 + $600 + $1,000 + $200).

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