LO3 Floyd owns an antique shop. During the year, he and his wife, Amanda, who works as

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LO3 Floyd owns an antique shop. During the year, he and his wife, Amanda, who works as a real estate broker, attend a 3-day antique show in Boston. The following facts are related to the trip:image text in transcribed

*The hotel rate for double occupancy is $20 more than the single occupancy rate.
What amount can Floyd and Amanda deduct as travel expense? Explain.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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