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?

Question

Quizplus · Accepted Answer

As an employee, Shelley can deduct her business expenses if they were ordinary and necessary expenses incurred in connection with her job. In this case, Shelley attended a two-day business conference in New Jersey, so her transportation, lodging, and meals incurred during the conference are deductible. However, the cost of her personal phone calls and personal activities done while at the conference are not deductible. The total cost of her deductible expenses is $2,740 (airfare $1,100 + lodging $540 + meals $600 + ground transportation $500). Option D is incorrect because reimbursement under an accountable plan may not necessarily make all expenses deductible - only the ones that meet the criteria for being an ordinary and necessary business expense. Options A, C, and E are incorrect because they provide incorrect or incomplete information.

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