Question

Fred's employer dispatched him on a business trip from the Dallas headquarters to New York this year. During the trip Fred incurred the following unreimbursed expenses:

Air fare 1,300
Lodging750
Meals 600
Cab fare220
What is the amount of Fred's deduction before the application of any AGI limitations?

Answer 1

Fred's total deduction for unreimbursed business expenses before any AGI limitations is $2,870, which is the sum of air fare, lodging, meals, and cab fare expenses.

Step-by-step explanation:

The question pertains to the calculation of unreimbursed business expense deductions for Fred's business trip to New York from Dallas. The unreimbursed expenses incurred by Fred are as follows: air fare at $1,300, lodging at $750, meals at $600, and cab fare at $220. To determine Fred's deduction before the application of any AGI (adjusted gross income) limitations, we simply add these expenses together.

The total amount of Fred's deduction before the application of AGI limitations would be the sum of these expenses, which is:

• Air fare: $1,300
• Lodging: $750
• Meals: $600
• Cab fare: $220

The total deduction before any limitations is $2,870.