Charlotte traveled to Annapolis to attend a three-day business conference. After her meetings concluded, she stays 2 additional days sightseeing. Charlotte's airfare is $400 and pays $110 per night for lodging, $60 a day for meals, and $20 a day for incidentals. How much of Charlotte's costs can be deducted as a business expense?
A)$- 0 -
B)$400
C)$880
D)$970
E)$1,200

Question

Quizplus · Accepted Answer

Charlotte can deduct the costs associated with the business portion of her trip. This includes airfare ($400) and expenses for the three days of the conference: lodging ($110 x 3 = $330), meals ($60 x 3 = $180), and incidentals ($20 x 3 = $60). Total deductible expenses are $400 + $330 + $180 + $60 = $970.

Charlotte Traveled to Annapolis to Attend a Three-Day Business Conference