Barbara and Michael (wife and husband) are itemizing their Schedule A expenses on their tax year 2015 return. Michael traveled to Japan for his employer, but was not reimbursed. His meal expenses totaled $500. How much can Michael deduct for meals before applying the 2% of AGI limitation?

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According to IRS rules, Michael can deduct 50% (the standard rate) of his meal expenses, which is $250. Before applying the 2% AGI limitation, he can take the full $250 deduction.

Barbara and Michael (Wife and Husband) Are Itemizing Their Schedule