Question

Required information [The following information applies to the questions displayed below.) Melissa recently paid $400 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $250 fee to register for the conference, $300 per night for three nights lodging, $200 for meals, and $150 for cab fare. (Leave no answers blank. Enter zero if applicable.) d. Suppose that Melissa's permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $250 for the registration fee. She drove 100 miles over the course of three days and paid $90 for parking at the conference hotel. In addition, she spent $150 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.) (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) Deductible amount

What is the amount deductible?

Answer 1

( D)

Deductible Amount

$ 398

Explanation:

Registration fee	$250
Milage ( 100 miles × 58 cent per mile)	$58
Parking fee	$90
Deductible Amount	$398

Notes:

1) For 2019, rate per milage is 58 cent.

2)Meal expenses are not deductible,Because her travel did not require her to be away from home overnight.