During the year, Sophie (a self-employed marketing consultant) went from Omaha to Lima (Peru) on business. She spent four days on business, two days on travel, and four days on vacation. Disregarding the vacation costs, Sophie's expenses are:
Sophie's deductible expenses are:
A) $4,300.
B) $2,900.
C) $2,800.
D) $2,500.
E) None of these.

Question

During the year, Sophie (a self-employed marketing consultant) went from Omaha to Lima (Peru) on business. She spent four days on business, two days on travel, and four days on vacation. Disregarding the vacation costs, Sophie's expenses are: 
Sophie's deductible expenses are:
A) $4,300. 
B) $2,900. 
C) $2,800. 
D) $2,500. 
E) None of these.

Quizplus · Accepted Answer

Sophie's deductible expenses include only the expenses directly related to her business trip, which are her four days of business and two days of travel. According to the information given, Sophie's expenses are $4,000 for airfare, $300 for lodging, and $600 for meals and transportation. Therefore, her total deductible expenses are $4,900 ($4,000 + $300 + $600) and the correct choice is B.

During the Year, Sophie (A Self-Employed Marketing Consultant) Went from Omaha