Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Answer all parts and show explanations please! A and B are not 2950. Melissa recently paid $640 for round-trip airfare to San Francisco to attend
Answer all parts and show explanations please! A and B are not 2950.
Melissa recently paid $640 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $635 fee to register for the conference, $340 per night for three nights' lodging. $290 for meals in restaurants, and $510 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) Problem 9-49 Part-a (Algo) a. What amount of these costs can Melissa deduct as business expenses? Melissa recently paid $640 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $635 fee to register for the conference, $340 per night for three nights' lodging. $290 for meals in restaurants, and $510 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) Problem 9-49 Part-b (Algo) O. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the ightseeing, she paid $1,270 for transportation, $825 for lodging, and $340 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? Melissa recently paid $640 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $635 fee to register for the conference, $340 per night for three nights' lodging, $290 for meals in restaurants, and $510 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) roblem 9.49 Part-c (Algo) Suppose that Melissa made the trip to San Francisco primarily to visit the national parks and only attended the business conference is an incidental benefit of being present on the coast at that time. What amount of the alrfare can Melissa deduct as a business xpense? Melissa recently paid $640 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $635 fee to register for the conference, $340 per night for three nights' lodging, $290 for meals in restaurants, and $510 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) Problem 9.49 Part-d (Algo) d. Suppose that Melissa's permanent residence and business were located in San Francisco. She attended the conference in San Francisco and paid $635 for the registration fee. She drove 196 miles over the course of three days and paid $181 for parking at the conference hotel. In addition, she spent $610 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.) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started