Question
During the 2020, Courtney (a self-employed marketing consultant) flew from Las Vegas, NV to Lima (Peru) on business. Courtney flew to Lima on Thursday, took
During the 2020, Courtney (a self-employed marketing consultant) flew from Las Vegas, NV to Lima (Peru) on business. Courtney flew to Lima on Thursday, took Friday and Saturday to go sight seeing at Machu Pichu, worked on Sunday, Monday, and Tuesday, then spent Wednesday taking a duck boat tour of Lima and the surrounding area. Courtney finished her work on Thursday and Friday and flew back home on Saturday morning. Courtney incurred the following known costs:
Air fare (roundtrip) $3,000
Lodging (9 nights at $200 per day) 1,800
Meals (10 days at $45 per day) 450
Entertainment (sightseeing and Duck Boat Tour) 400
Courtney's deductible expenses on her 2020 federal income tax return are?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
