Question 52 Chapter 6
Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses:
Airfare$550
Lodging 3,000
Meals 900
Entertainment of clients 750
How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)
Homework Answers
airfare 100% deductable= 550
lodging (3000x9/16)= 1687.5
meals ((900x 11/16)/2)= 309.375
client entertainment (750/2)= 375
total deduction= $2922
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