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In November 2022, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2
In November 2022, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $2,370 (airfare), $220 per day (meals at local restaurants), and $405 per night (lodging). Because Kortney stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Kortney's deductions for the following:
If required, round your answers to the nearest dollar. a. Deduction for airfare: X Feedback Check My Work An itemized deduction is allowed for unreimbursed travel expenses related to a taxpayer's employment. Travel expenses are more broadly defined in the Code than are transportation expensesStep by Step Solution
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