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Kim works for a clothing manufacturer as a dress designer. During 2020, she travels to New York City to attend five days of fashion shows and then spends three days sightseeing. Her expenses are as follows:
Airfare $1,050
Lodging (8 nights) 1,365
Meals (8 days) 1,260
Airport transportation 105
Assume lodging/meals are the same amount for the business and personal portion of the trip ($171 per day for lodging and $158 per day.
Requried:
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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Kim works for a clothing manufacturer as a dress designer. During 2020, she travels to New York City...
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