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deduction shall be allowed under section 162 for any traveling
expense, which includes meals, unless the taxpayer substantiates
each element of the expenditure or use, as described in section
1.274-5T(b), Temporary Income Tax Regs., supra, in the manner
provided in section 1.274-5T(c), Temporary Income Tax Regs.,
supra. Sec. 1.274-5T(a)(1), Temporary Income Tax Regs., supra.
The elements to be substantiated with respect to meals are the
amount of each separate expenditure, dates of departure and
return and number of days spent away from home on business,
destination or locality of travel, and the business reason for
travel. Sec. 1.274-5T(b)(2), Temporary Income Tax Regs., supra.
A self-employed taxpayer may use the Federal meal and
incidental expenses (M&IE) rate for meal expenses paid or
incurred while traveling away from home in lieu of substantiating
the actual cost of meals; however, the taxpayer must substantiate
the time, place, and business purpose of the travel. Sec. 1.274-
5T(j), Temporary Income Tax Regs., 50 Fed. Reg. 46032 (Nov. 6,
1985); Rev. Proc. 96-64 sec. 2.04, 1996-2 C.B. 427, 427; Rev.
Proc. 97-59, 1997-2 C.B. 594; Rev. Proc. 98-64, 1998-2 C.B. 825.
The M&IE rate depends upon the locality of travel. 41 C.F.R. ch.
301 (1997, 1998, 1999); Rev. Proc. 96-64 sec. 3.02(1), 1996-2
C.B. at 428; Rev. Proc. 97-59 sec. 3.02(1), 1997-2 C.B. at 596;
Rev. Proc. 98-64 sec. 3.02(1), 1998-2 C.B. at 827. A self-
employed individual may use an amount computed at the Federal
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