During the year,Walt travels from Seattle to Tokyo (Japan)on business.His time was spent as follows: 2 days travel (one day each way),2 days business,and 2 days personal.His expenses for the trip were as follows (meals and lodging reflect only the business portion): Presuming no reimbursement,Walt's deductible expenses are:

Question

During the year,Walt travels from Seattle to Tokyo (Japan)on business.His time was spent as follows: 2 days travel (one day each way),2 days business,and 2 days personal.His expenses for the trip were as follows (meals and lodging reflect only the business portion):  Presuming no reimbursement,Walt's deductible expenses are:

Quizplus · Accepted Answer

$3,000 + $2,000 + (50% × $1,000)= $5,500.Since the 7-days-or-less exception applies,the full airfare ($3,000)is allowed.

During the Year,Walt Travels from Seattle to Tokyo (Japan)on Business