Problem 9-25(Algorithmic)(LO.1,3,5) Kim works for a clothing manufacturer as a dress designer. During...
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Problem AlgorithmicLO Kim works for a clothing manufacturer as a dress designer. During she travels to New York City to attend five days of fashion shows and then spends three days sightseeing. Her expenses are as follows: Assume lodgingmeals are the same amount for the business and personal portion of the trip $ per day for lodging and $ per day for meals If an amount is zero, enter If required, round all interim calculations to nearest dollar. a Determine Kim's business expenses, presuming no reimbursement. What amount may she deduct on her tax return? $ b Would the tax treatment of Kim's deduction differ if she was an independent contractor? The deductible expenses would be $ and the expenses would be classified as 
Problem AlgorithmicLO
Kim works for a clothing manufacturer as a dress designer. During she travels to New York City to attend five days of fashion shows
and then spends three days sightseeing. Her expenses are as follows:
Assume lodgingmeals are the same amount for the business and personal portion of the trip $ per day for lodging and $ per day
for meals
If an amount is zero, enter If required, round all interim calculations to nearest dollar.
a Determine Kim's business expenses, presuming no reimbursement.
What amount may she deduct on her tax return?
$
b Would the tax treatment of Kim's deduction differ if she was an independent contractor?
The deductible expenses would be $
and the expenses would be classified as
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