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Basic Federal Income Taxation_ Deductions_ Traveling Expenses test 2024 Questions With Correct $7.99   Add to cart

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Basic Federal Income Taxation_ Deductions_ Traveling Expenses test 2024 Questions With Correct

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Basic Federal Income Taxation_ Deductions_ Traveling Expenses test 2024 Questions With Correct

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  • September 22, 2024
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  • CGAP - Certified Government Auditing Professional
  • CGAP - Certified Government Auditing Professional
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9/21/24, 9:03 PM Basic Federal Income Taxation: Deductions: Traveling Expenses Flashcards | Quizlet



Basic Federal Income Taxation: Deductions: Traveling
Expenses




Practice questions for this set


Learn 1 /7 Study with Learn




Sally can deduct her expenses because she reasonably expected to return to Boston,
her principal place of work.


See Rev. Rul. 75-432, 1975-2 C.B. 60.



Choose matching term




Sally is a professor of American Indian history at a university in Boston. In July and August she does
1 work for a cultural preservation group in Arizona. She incurs $7,000 in expenses while she is there.
Which of the following statements is TRUE?




Sue is a field consultant for a major midwest department store chain. She spends approximately 100
days a year traveling to various outlets throughout the nation. The rest of the time Sue is at her
2 employer's home office in Milwaukee, Wisconsin. Is she permitted to deduct her traveling expenses?

why?




David is a doctor who resides with his family in Philadelphia, and who is employed in Washington,
D.C. He incurs $5,000 in traveling from home to Washington during the year. Is David permitted to
3 deduct this amount as an ordinary and necessary business expense?

Why?

Basic Federal Income Taxation: Deductions: Traveling Expenses




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