Individual Income Taxes
43rd Edition
ISBN: 9780357109731
Author: Hoffman
Publisher: CENGAGE LEARNING - CONSIGNMENT
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![[The following information applies to the questions displayed below]
Melissa recently paid $695 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa
also paid the following expenses, $500 fee to register for the conference, $320 per night for three nights' lodging, $150
for meals in restaurants, and $610 for cab fare. (Do not round intermediate calculations. Round your final answers to the
nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.)
Problem 9-49 Part-b (Algo)
b. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the
sightseeing, she paid $1,870 for transportation, $1,105 for lodging, and $425 for meals during this part of her trip, which she considers
personal in nature. What amount of the total costs can Melissa deduct as business expenses?
Answer is complete but not entirely correct.
Deductible
amount
S
2,840](https://content.bartleby.com/qna-images/question/4d074810-12a7-4adc-b2ed-33235ccacabd/c4975170-f46e-4bd4-bc90-2b72768829e7/40hdfoh_processed.jpeg)
Transcribed Image Text:[The following information applies to the questions displayed below]
Melissa recently paid $695 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa
also paid the following expenses, $500 fee to register for the conference, $320 per night for three nights' lodging, $150
for meals in restaurants, and $610 for cab fare. (Do not round intermediate calculations. Round your final answers to the
nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.)
Problem 9-49 Part-b (Algo)
b. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the
sightseeing, she paid $1,870 for transportation, $1,105 for lodging, and $425 for meals during this part of her trip, which she considers
personal in nature. What amount of the total costs can Melissa deduct as business expenses?
Answer is complete but not entirely correct.
Deductible
amount
S
2,840
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- [The following information applies to the questions displayed below] Melissa recently paid $695 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $500 fee to register for the conference, $320 per night for three nights' lodging, $150 for meals in restaurants, and $610 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.). Problem 9-49 Part-c (Algo) c. Suppose that Melissa made the trip to San Francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at that time. What amount of the airfare can Melissa deduct as a business expense? Answer is complete but not entirely correct. Deductible amount $ 2,840arrow_forward[The following information applies to the questions displayed below.] Melissa recently paid $695 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $500 fee to register for the conference, $320 per night for three nights' lodging, $150 for meals and $610 for cab fare. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable. d. Suppose that San Francisco was Melissa's permanent residence and business location. She attended the conference in San Francisco and paid $500 for the registration fee. She drove 90 miles over the course of three days and paid $165 for parking at the conference hotel. In addition, she spent $300 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel, and she bought dinner on her way home each night from the conference. What…arrow_forward[The following information applies to the questions displayed below.] Melissa recently paid $870 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $400 fee to register for the conference, $260 per night for three nights' lodging, $120 for meals in restaurants, and $425 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) b. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sightseeing, she paid $1,010 for transportation, $1,055 for lodging, and $495 for meals during this part of her trip, which she considers personal in nature. What amount of the total costs can Melissa deduct as business expenses? Deductible amountarrow_forward
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- 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 and $150 for cab fare. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable. d. Suppose that San Francisco was Melissa's permanent residence and business location. She attended the conference in San Francisco and paid $250 for the registration fee. She drove 100 miles over the course of three days and paid $90 for parking at the conference hotel. In addition, she spent $150 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel, and she bought dinner on her way home each night from the conference. What amount of these costs can Melissa deduct as business expenses? Note:…arrow_forwardMelissa recently paid $870 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $400 fee to register for the conference, $260 per night for three nights' lodging, $120 for meals in restaurants, and $425 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) c. Suppose that Melissa made the trip to San Francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at that time. What amount of the airfare can Melissa deduct as a business expense? Deductible amountarrow_forwardMelissa 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. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable. d. Suppose that Melissa's permanent residence and business were located in San Francisco. She attended the conference in San Francisco and paid $250 for the registration fee. She drove 100 miles over the course of three days and paid $90 for parking at the conference hotel. In addition, she spent $150 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel, and she bought dinner on her way home each night from the conference. What amount of these costs can Melissa deduct as…arrow_forward
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