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On Monday, Harvey Leonard travels from Chicago to New York on a business trip. The trip lasts five days. Three days of the trip are spent conducting business activities and two days spent on personal sightseeing activities. Harvey incurs $550 in airfare costs in going to and returning from New York, $50 a day in expenses for meals, and $100 a day for lodging while in New York.A. What amount is deductible on Harvey’s tax return for travel expenses related to the above activities? Assume Harvey’s is self-employedB. Assume Harvey is an employee and is reimbursed $700 by his employer for the trip. What amount is deductible on Harvey’s tax return for u reimbursed travel expenses related to the above activities?
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