Danny owns an electronics outlet in Dallas. This year, he paid $610 to register for a four-day course in management in Chicago. Danny paid $790 in airfare and $960 for five nights' lodging. After the course, Danny spent the last day sightseeing. During the trip, Danny also paid $160 a day for meals at restaurants, and $100 a day for a rental car. What amount of these travel expenditures may Danny deduct as business expenses?
Danny owns an electronics outlet in Dallas. This year, he paid $610 to register for a four-day course in management in Chicago. Danny paid $790 in airfare and $960 for five nights' lodging. After the course, Danny spent the last day sightseeing. During the trip, Danny also paid $160 a day for meals at restaurants, and $100 a day for a rental car. What amount of these travel expenditures may Danny deduct as business expenses?
Chapter9: Deductions: Employee And Self- Employed-related Expenses
Section: Chapter Questions
Problem 19CE: Fred, a self-employed taxpayer, travels from Denver to Miami primarily on business. He spends five...
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![Danny owns an electronics outlet in Dallas. This
year, he paid $610 to register for a four-day course
in management in Chicago. Danny paid $790 in
airfare and $960 for five nights' lodging. After the
course, Danny spent the last day sightseeing.
During the trip, Danny also paid $160 a day for
meals at restaurants, and $100 a day for a rental
car. What amount of these travel expenditures
may Danny deduct as business expenses?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2fa3bab3-101d-4a67-a4b7-875dfec27691%2F1734fd22-c4e0-489d-9e0c-40c239c797ed%2F7pcqjzb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Danny owns an electronics outlet in Dallas. This
year, he paid $610 to register for a four-day course
in management in Chicago. Danny paid $790 in
airfare and $960 for five nights' lodging. After the
course, Danny spent the last day sightseeing.
During the trip, Danny also paid $160 a day for
meals at restaurants, and $100 a day for a rental
car. What amount of these travel expenditures
may Danny deduct as business expenses?
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