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Tax Drill - Personal and Business Travel Expenses In the current year, Chastain takes a trip from Charleston, South Carolina to France primarily for business
Tax Drill - Personal and Business Travel Expenses 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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