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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
36.  ![]()
LO.1, 3, 6 Kim works for a clothing manufacturer as a dress designer. She travels to New York City to attend five days of fashion shows and then spends
three days sight seeing. Her expenses are as follows:
Â
|
Airfare |
$1,500 |
|
Lodging (8 nights) |
1,920 |
|
Meals (8 days) |
1,440 |
|
Airport transportation |
120 |
[Assume that lodging/meals are the same amount for the business and personal por- tion of the trip (e.g., $180 per day for meals).]
a.     Presuming no reimbursement, how much can Kim deduct as to the trip?
b.    Would the tax treatment of Kim’s deduction differ if she was an independent contractor (rather than an employee)? Explain.
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