Taxation question c. Assume Amelie used the standard mileage method in 2019. In addition to the auto-mobile expenses, she made several business trips and incurred the following travel expenses while away from home overnight: Airfare $ 4,600 Hotel 1,860 Meals 720 Taxi fees and tips 280 Total $7,460 None of the above expenses were personal in nature. What are Amelie’s deductions in 2019 after all limitations? d. Would Amelie's deduction in 2019 be for AGI or from AGI?
Taxation question c. Assume Amelie used the standard mileage method in 2019. In addition to the auto-mobile expenses, she made several business trips and incurred the following travel expenses while away from home overnight: Airfare $ 4,600 Hotel 1,860 Meals 720 Taxi fees and tips 280 Total $7,460 None of the above expenses were personal in nature. What are Amelie’s deductions in 2019 after all limitations? d. Would Amelie's deduction in 2019 be for AGI or from AGI?
Chapter10: Cost Recovery On Property: Depreciation, Depletion, And Amortization
Section: Chapter Questions
Problem 56P
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c. Assume Amelie used the standard mileage method in 2019. In addition to the auto-mobile expenses, she made several business trips and incurred the following travel expenses while away from home overnight:
Airfare $ 4,600
Hotel 1,860
Meals 720
Taxi fees and tips 280
Total $7,460
None of the above expenses were personal in nature. What are Amelie’s deductions in 2019 after all limitations?
d. Would Amelie's deduction in 2019 be for AGI or from AGI?
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