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 expenses related to attending the business conference, including airfare, lodging, and conference fees, which total $2,740. The cost of dinner with her friend is a non-deductible personal expense. Whether Shelley itemizes her deductions or takes the standard deduction has no impact on her ability to deduct these business expenses. The fact that the conference was held in New Jersey rather than in Texas does not impact Shelley's ability to deduct these expenses.

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