F Sc Kim works for a clothing manufacturer as a dress designer. During 2021, she...
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Accounting
F Sc Kim works for a clothing manufacturer as a dress designer. During 2021, she travels to New York City to attend five days of fashion shows and then spends three days sightseeing. Her expenses are as follows: Atte SO Airfare Lodging (8 nights) Meals at local restaurants (8 days) Airport transportation $2,300 2,990 2,760 100 Assume lodging/meals are the same amount for the business and personal portion of the trip ($374 per day for lodging and $345 per day for meals). If an amount is zero, enter "O". If required, round all interim calculations to nearest dollar. a. Determine Kim's business expenses, presuming no reimbursement. Airfare 2,300 1,870 Lodging 863 Meals 100 Transportation 5,133 X Total What amount may she deduct on her tax return? 0 b. Would the tax treatment of Kim's deduction differ if she was an independent contractor? 5,133 X and the expenses would be classified as The deductible expenses would be $ a deduction for AGI


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