Tax 2018. Amos is a self-employed tax attorney. He and Monica, his employee, attend a conference...

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Accounting

Tax 2018. Amos is a self-employed taxattorney. He and Monica, his employee, attend a conference inDallas sponsored by the American Institute of CPAs. The followingexpenses are incurred during the trip:
Amos
Monica
Conference registration
$ 900
$900
Airfare
1,200
700
Taxi fares
100
–0–
Lodging in Dallas
750
300
Amos pays for all of these expenses. Calculate the effect ofthese expenses on Amos’s AGI.
Would your answer to part (a) change if the American BarAssociation had sponsored the conference? Explain.

	Amos	Monica
Conference registration	$ 900	$900
Airfare	1,200	700
Taxi fares	100	–0–
Lodging in Dallas	750	300

Answer & Explanation Solved by verified expert

3.8 Ratings (637 Votes)

Answer Given data Amos expenses during the trip For Lodging in Dallas he spent 750 For Airfare he spent 1200 For Conference registration he spent 900 For Taxi fares he spent 100 Monica expenses during See Answer

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