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Problem 3-9Travel Expenses (LO 3.4) Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the following expenses: Airfare to and from San Diego $ 478 Hotel charges while on business 340 Meals while on business 260 Car rental while on business (she drove 240 miles) 110 Hotel charges while on vacation 460 Meals while on vacation 290 Car rental while on vacation 180 Total $2,118   Calculate Joan's travel expense deduction for the trip, assuming the trip was made in 2018.$

Problem 3-9Travel Expenses (LO 3.4) Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the following expenses: Airfare to and from San Diego $ 478 Hotel charges while on business 340 Meals while on business 260 Car rental while on business (she drove 240 miles) 110 Hotel charges while on vacation 460 Meals while on vacation 290 Car rental while on vacation 180 Total $2,118   Calculate Joan's travel expense deduction for the trip, assuming the trip was made in 2018.$

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter3: Accrual Accounting
Section: Chapter Questions
Problem 43E: Exercise 3-43 Recognizing Expenses Treadway Dental Services gives each of its patients a toothbrush...
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Problem 3-9
Travel Expenses (LO 3.4)

Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the following expenses:

Airfare to and from San Diego $ 478
Hotel charges while on business 340
Meals while on business 260
Car rental while on business (she drove 240 miles) 110
Hotel charges while on vacation 460
Meals while on vacation 290
Car rental while on vacation 180
Total $2,118

 

Calculate Joan's travel expense deduction for the trip, assuming the trip was made in 2018.
$

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