Charles, a self-employed real estate agent, attended a conference on the impact of some new building codes on real estate investments. His unreimbursed expenses were as follows: Airfare 480 Lodging 290 Meals 200 50% deductible Tuition and fees 650 How much can Charles deduct on his return?
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Particulars | Amount |
Airfare | 480 |
Lodging | 290 |
Meals | 100 |
Tuition and fees | 650 |
Total deduction | 1,520 |
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