Mike is an independent contractor in 2019. Mike at-tends a professional trade association convention in Los Angeles.

Question:

Mike is an independent contractor in 2019. Mike at-tends 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 include the following:

Airfare

$450

Meals ($50 per day)

250

Hotel ($100 per day)

500

Entertainment of customers


(business is discussed)

500

Total

$1,700


a. How much can Mike deduct for business-related expenses for 2019?

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

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Related Book For  book-img-for-question

Federal Taxation 2020 Comprehensive

ISBN: 9780135196274

33rd Edition

Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse

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