J is a self-employed interior decorator. Her business location is in New Brunswick NJ. In the current year, j traveled to Chicago to attend a business trade show and to meet with clients and prospective clients. The purpose of the trip was business related. Details of the trip are as follows: Transportation to and from Chicago $ 1,200 Meals while in Chicago $ 130 per day Lodging while in Chicago $ 225 per night If j trip was for 10 days, and she spent 7 days conducting business, and 3 days conducting personal activity with hew old college friends, how much will j claim as a business deduction for this trip? a. $ 2,870 b. $ 3,230 c. $ 3,325 d. $ 4,100 e. $ 4,750
J is a self-employed interior decorator. Her business location is in New Brunswick NJ. In the current year, j traveled to Chicago to attend a business trade show and to meet with clients and prospective clients. The purpose of the trip was business related. Details of the trip are as follows: Transportation to and from Chicago $ 1,200 Meals while in Chicago $ 130 per day Lodging while in Chicago $ 225 per night If j trip was for 10 days, and she spent 7 days conducting business, and 3 days conducting personal activity with hew old college friends, how much will j claim as a business deduction for this trip? a. $ 2,870 b. $ 3,230 c. $ 3,325 d. $ 4,100 e. $ 4,750
Chapter3: Business Income And Expenses
Section: Chapter Questions
Problem 11MCQ
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Question
J is a self-employed interior decorator. Her business location is in New Brunswick NJ. In the current year, j traveled to Chicago to attend a business trade show and to meet with clients and prospective clients. The purpose of the trip was business related. Details of the trip are as follows:
Transportation to and from Chicago $ 1,200
Meals while in Chicago $ 130 per day
Lodging while in Chicago $ 225 per night
If j trip was for 10 days, and she spent 7 days conducting business, and 3 days conducting personal activity with hew old college friends, how much will j claim as a business deduction for this trip?
a. $ 2,870
b. $ 3,230
c. $ 3,325
d. $ 4,100
e. $ 4,750
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ISBN:
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Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT