Joseph travels from his home in Massachusetts and flies to Paris to attend meetings related to his business. He plans to spend 10 d (including 2 travel days) conducting business and 4 days sightseeing for personal pleasure. His trip is primarily for business. Assumes has the following expenses: Airfare and rail pass Lodging per day Meals per day $3,560 $325 $182
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- Thomas travels from his home in Massachusetts and flies to Paris to attend meetings related to his business. He plans to spend 10 days (including 2 travel days) conducting business and 4 days sightseeing for personal pleasure. His trip is primarily for business, Assume he has the following expenses: Airfare and rail pass Lodging per day Meals per day (a) $3,390 $303 $183 Your answer is incorrect. How much can Thomas deduct as a travel expense in 2023? (Round intermediate percentage calculations to O decimal places, eg. 15% and final answer to 0 decimal places, eg. 5.125) Deduction S 7335Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses: $ 450 2,500 625 500 Airfare Lodging Meals Entertainment of clients Required: How much of these expenses can Jordan deduct? Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar value. DeductionJordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses: Airfare $ 440 Lodging 2,400 Meals 600 Entertainment of clients 480 Required: How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)
- Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses Airfare $ 570 Lodging 3,708 Meals 925 Entertainment of clients 740 How much of these expenses can Jordan deduct? Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses Airfare $ 550 Lodging 3,000 Meals 900 Entertainment of clients 750 How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)Jimmy took a business trip from Dallas to Brazll. He was there for a total of seven days, of which two were weekend days. Over the weekend, he spent his time sightseeing and relaxing. His expenses were as follows: Airfare Lodging (7 days x $300) Meals (7 days) Taxi fares ($600 to and from business meetings) How much is Jimmy allowed to deduct? Multiple Choice O O $3,404 $3,496 $4,598 $4,895 $1,400 2,100 595 800
- Melissa recently paid $760 for round trip airfare to San Francisco to attend a business conference for three days. Melissa also put the following expenses: $370 fee to register for the conference, $365 per night for three nights' lodging, $250 for meals and $300 for can fare. what amount of these costs can Melissa deduct as business expenses. Explain the answerMelissa recently pod $760 for round trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $370 fee to register for the conference, $365 per night for three nights' lodging, $250 for meals and $300 for cab fare. Suppose that while Melissa was on the coast, she also spent two day's sightseeing the national parks in the area. To do the sightseeing, she paid $1,710 for transportation, $1,285 for lodging, and $475 for meals during this part of her trip, which she considers personal in nature. What amount of these costs can Melissa deduct as business expense?Barry is a self-employed attorney who travels to New York on a business trip during the year. Barry's expenses were as follows: Airfare $560 Taxis 40 Meals 100 Lodging 350 How much may Barry deduct as travel expenses for the trip? a. SO . $1,000 c. $1,050 d. $950 e. None of these choices are correct.
- HELP MEErnest works for a clothing manufacturer as a dress designer. During 2022, he travels to New York City to attend five days of fashion shows and then spends three days sightseeing. His expenses are as follows: Airfare $1,800 Lodging (8 nights) 2,000 Meals at local restaurants (8 days) 1,440 Airport Uber ride 100 Assume lodging/meals are the same amounts for the business and personal portion of the trip ($250 per day for lodging and $180 per day for meals). He has proper substantiation for each item. As an employee and assuming no reimbursement, what amount is deductible on his personal return in 2022? Show detail for each item. If he was an independent contractor, what amount would be deductible on his personal return in 2022? Show detail for each item. For item b: is this amount FOR or FROM AGI?ng gifts to sales contracts. Can Armelio deduct the cost of the lapel buttons as business gifts? 49. Melissa recently paid $400 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $250 fee to register for the conference, $300 per night for three nights' lodging, $200 for meals in restaurants, and $150 for cab fare. LO 1-2