Barry is a self-employed attorney who travels to New York on a business trip during the year.Barry's expenses were as follows: How much may Barry deduct as travel expenses for the trip?

Question

Quizplus · Accepted Answer

Barry may deduct the cost of transportation to and from New York, as well as lodging, meals, and incidental expenses while there. The airfare was $400, the hotel cost $500, and the meals and incidental expenses were $100. Therefore, Barry may deduct a total of $1,000 as travel expenses for the trip.

Barry Is a Self-Employed Attorney Who Travels to New York