Required information The following information applies to th

Required information The following information applies to the questions displayed below) Melissa recently paid $595 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $380 fee to register for the conference, $295 per night for three nights\' lodging. $180 for meals, and $420 for cab fare. (Leave no answers blank. Enter zero if applicable.) (Round your answer to the nearest dollar amount.) d. Suppose that Melissa\'s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $380 for the registration fee. She drove 169 miles over the course of three days and paid $106 for parking at the conference hotel. In addition, she spent $375 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 the travel 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.) amount

Solution

>> Since Jan. 1, 2018,Standard mileage rates for the use of a car for business travel = 54.5 cents/mile

>> As she did not require to be away from home overnight, thus not allowed to deduct cost of meals