Travel Expenses, Meals And Entertainment, Educational Expenses
(LO 3.4, 3.5, 3.6)
Bob is a self-employed lawyer and is required to take a week of
continuing legal education every year to maintain his license. This
year he paid $1,295 in course fees for his continuing legal
education in a different city. He also paid $467 for airfare and a
hotel room and paid $250 for meals, all of which were provided by
the hotel’s restaurant. Bob also purchased a $6 bag of snacks from
a newsstand while waiting for his plane in the airport because he
missed lunch.
What is the total amount he can deduct on his Schedule C related
to these expenses?
Travel Expenses, Meals And Entertainment, Educational Expenses (LO 3.4, 3.5, 3.6) Bob is a self-employed lawyer and is r
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am