Required information The following information applies to the questions displaye

Question

Required information The following information applies to the questions displayed below.] Melissa recently paid $715 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $440 fee to register for the conference, $310 per night for three nights' lodging, $270 for meals, and $560 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.) 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 S 2,065

Explanation / Answer

Since primory purpose was not business related , melissa can deduct all expense except Air fare.

Also meal expense will be allowed to the extent of 50% only.

Calculation of deductible expenditure

a)Registration fees = 440$

b)Lodging fees (310*3) = 930$

c)Meal (270*50%) = 135

d)Cabe fare = 560

Total = 2065$

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