Suppose that Melissa’s permanent residence and business was located in San Franc

Question

Suppose that Melissa’s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $405 for the registration fee. She drove 117 miles over the course of three days and paid $152 for parking at the conference hotel. In addition, she spent $625 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?

Explanation / Answer

Total Deductable Business Expenditure: $ 1. Registeration fees 405 2. Parking Charges 152 3. Car Drove Charges * 67.275 *( Standard rate 57.5 cents per mile, so 117 Miles X 57.5 Cents) Total 624.275 Because her travel did not require her to be "away from home" overnight, so meals expenses are not deductible.

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