During the year,Peggy went from Nashville to Quito (Ecuador)on business.She spent four days on business,two days on travel,and four days on vacation.Disregarding the vacation costs,Peggy's unreimbursed expenses are: Peggy's deductible expenses are:

Question

During the year,Peggy went from Nashville to Quito (Ecuador)on business.She spent four days on business,two days on travel,and four days on vacation.Disregarding the vacation costs,Peggy's unreimbursed expenses are:  Peggy's deductible expenses are:

Quizplus · Accepted Answer

Peggy's deductible expenses include the expenses for business days and travel days. She spent 4 days on business and 2 days on travel, which gives a total of 6 deductible days. According to the 2019 standard mileage rate, the deductible amount for each mile driven for business purposes is $0.58. Assuming Peggy traveled by car, her deductible expenses for the 6 days are:

Deductible expenses for business days: 4 days * $58 = $232
Deductible expenses for travel days: 2 days * $58 = $116

Therefore, Peggy's total deductible expenses are $348. Adding the $2,752 of vacation costs gives a total unreimbursed expenses of $3,100, which is the answer choice C.

During the Year,Peggy Went from Nashville to Quito (Ecuador)on Business