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During the Current Year, Harry, a Self-Employed Accountant, Travels from Kansas

Question 55

Multiple Choice

During the current year, Harry, a self-employed accountant, travels from Kansas City to Miami for a seven-day business trip.While in Miami, Harry decides to stay for an additional 5 days of vacation.Harry pays $600 for airfare, $200 for meals, and $500 for lodging while on business.The cost of meals and lodging while on vacation was $300 and $500, respectively.How much may Harry deduct as travel expenses for the trip?


A) $600
B) $1,100
C) $1,200
D) $1,300
E) None of the above

Correct Answer:

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