Melissa recently paid $415 for round-trip airfare to San Francisco to attend a business conference for...

Transcribed Image Text:

Melissa recently paid $415 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $270 fee to register for the conference, $350 per night for three nights' lodging, $110 for meals, and $315 for cab fare. (Leave no answers blank. Enter zero if applicable. Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) a. What amount of the costs can Melissa deduct as business expenses? Deductible amount 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 $1,030 for transportation, $1,075 for lodging, and $400 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 amount 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 amount d. Suppose that Melissa's permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $270 for the registration fee. She drove 178 miles over the course of three days and paid $128 for parking at the conference hotel. In addition, she spent $295 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? (Use standard mileage rate.) Deductible amount Melissa recently paid $415 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $270 fee to register for the conference, $350 per night for three nights' lodging, $110 for meals, and $315 for cab fare. (Leave no answers blank. Enter zero if applicable. Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) a. What amount of the costs can Melissa deduct as business expenses? Deductible amount 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 $1,030 for transportation, $1,075 for lodging, and $400 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 amount 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 amount d. Suppose that Melissa's permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $270 for the registration fee. She drove 178 miles over the course of three days and paid $128 for parking at the conference hotel. In addition, she spent $295 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? (Use standard mileage rate.) Deductible amount

Answer rating: 100% (QA)

Answer Airfare 415 Registration for conference 270 Loading charge 3503 105... View the full answer