Carlos drives to oregon to consult with a client. he works for 1 day and spends 3 days enjoying oregon since the consultation was right before a 3-day weekend. his expenses were $175 to drive to oregon and back, $600 for lodging, $50 for food on the day that he worked, and $125 for food on the other 3 days. how much of his travel expenses are deductible?

Respuesta :

Answer:

Explanation:

You are able to deduct expenses that are directly related to the business travel.

He can deduct the entire 175 for driving, since he would need to do that no matter if he stayed longer or not. Staying longer doesn't add any extra cost.

He can deduct lodging that covers the amount of time dedicated to business so of the 600 he can deduct 1/4 or $150 since only 1 of the 4 days was business related.

And the $50 for food for the day he spent on business

His travel expenses are deductible by $175.

  • As given in the question that his expenses were $175 to drive to Oregon and back by in addition has spent 3 more days there for his enjoyment.
  • So, from the total expenses, the $175 will be deducted as it was given for traveling only for 1 day.
  • Deductive reasoning is the mental process of drawing deductively valid if its conclusion follows logically from its premises
  • It is a logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be treu.

Hence, the correct answer is $175.

Learn more about deductibles, refer to:

https://brainly.com/question/1004345

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