Mike is an independent contractor in 2023. Mike attends a professional trade association convention in Los Angeles.

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Mike is an independent contractor in 2023. Mike attends a professional trade association convention in Los Angeles. He spends three days at the meeting and two days vacationing before the meeting. Mike’s total expenses for the entire five days include the following:

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a. How much can Mike deduct for business-related expenses for 2023?

b. How would your answers change if Mike spent two days at the meeting and three days vacationing?

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Pearsons Federal Taxation 2024 Individuals

ISBN: 9780138238100

37th Edition

Authors: Mitchell Franklin, Luke E. Richardson

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