Melissa recently paid $770 for round-trip airfare to San Francisco to attend a b
ID: 2492366 • Letter: M
Question
Melissa recently paid $770 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $715 fee to register for the conference, $355 per night for three night’s lodging, $200 for meals, and $310 for cab fare
Suppose that Melissa’s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $715 for the registration fee. She drove 186 miles over the course of three days and paid $114 for parking at the conference hotel. In addition, she spent $570 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 the travel costs can Melissa deduct as business expenses? (Round your final answer to the nearest whole dollar amount.)
Melissa recently paid $770 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $715 fee to register for the conference, $355 per night for three night’s lodging, $200 for meals, and $310 for cab fare
Suppose that Melissa’s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $715 for the registration fee. She drove 186 miles over the course of three days and paid $114 for parking at the conference hotel. In addition, she spent $570 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 the travel costs can Melissa deduct as business expenses? (Round your final answer to the nearest whole dollar amount.)
Explanation / Answer
ans: Since business was the primary reason she can Melissa can deduct 2900 as business expenses
(770+715+(355*3=1005)+310+(200*50%=100)=2900
in the second case, Mellissa would be actually allowed to deduct the registration fees 715 and parking of 114 also 56.5 cents per mile for the 100 miles she drove to and from the conference. she did not need to be away from her home overnight, she can not deduct the cost of brealfast and dinner she incurred while attending the conferences.