Question

Melissa recently paid $625 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $405 fee to register for the conference, $360 per night for three nights’ lodging, $280 for meals, and $240 for cab fare. (Leave no answers blank. Enter zero if applicable.) (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) What amount of the travel costs can Melissa deduct as business expenses?

Answer 1

Melissa can deduct $2630 as business expenses.

Step-by-step explanation:

To determine the amount of travel costs that Melissa can deduct as business expenses, we need to calculate the total expenses. Melissa paid $625 for airfare, $405 for conference registration, $360 per night for lodging (for 3 nights), $280 for meals, and $240 for cab fare.

The total expense would be:

• Airfare: $625
• Conference registration: $405
• Lodging: $360/night x 3 nights = $1080
• Meals: $280
• Cab fare: $240

Adding all the expenses together, Melissa's total expense is $625 + $405 + $1080 + $280 + $240 = $2630.

Therefore, Melissa can deduct $2630 as business expenses.