Shelley is employed in Texas and recently attended a two-day business conference in New Jersey. Shelley spent the entire time at the conference and documented her expenditures (described below). What amount can Shelley deduct as an employee business expense (before considering any miscellaneous itemized deduction limitations)?

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Quizplus · Accepted Answer

Only half of the meals are deductible but the other expenses are fully deductible ($2,000 + $110 + $450 + $180 = $2,740). Of course, the deduction will be included with other miscellaneous itemized deductions subject to the 2% floor. The expenses are not deductible for Shelley if they are reimbursed under an accountable plan.

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