Travel Expenses (LO 3.4) Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the following expenses: Airfare to and from San Diego $ 478 Hotel charges while on business 340 Meals while on business 260 Car rental while on business (she drove 240 miles) 110 Hotel charges while on vacation 460 Meals while on vacation 290 Car rental while on vacation 180 Total $2,118 Calculate Joan's travel expense deduction for the trip, assuming the trip was made in 2019.

$1058

Explanation:

The computation of expense deduction is shown below:-

Airfare to and from San Diego                $478

Add: Hotel charges while on business               $340

Add: Meals while on business (50% × $260)    $130

Add: Car rental while on business                      $110

Add: Joan's travel expense deduction               $1058

Here Actual rental on business $110 or as per standard mile rate, so nothing is mentioned for mile rate or using mile. so we consider actual used $110

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number