Question
In the current year, Chastain takes a trip from Charleston, South Carolina to France primarily for business purposes. He is away from home from March
In the current year, Chastain takes a trip from Charleston, South Carolina to France primarily for business purposes. He is away from home from March 5 through March 16. He spends four days vacationing and eight days (including two travel days) conducting business. His airfare is $2,900, his meals amount to $180 per day, (all provided by restaurants), and lodging and incidental expenses are $420 per day. He is self-employed.
In your computations, round any division to two decimal places and use rounded amounts in subsequent calculations.
Chastain's deductible expenses are:
- Plane and taxi expenses: $
- Lodging and incidental expenses: $
- Meals: $
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