Ron has agi for the year of 100000. vincents deductible, Ask an Expert

Accounting

Ron is a university professor who accepts a visiting position at another university for six months and obtains a leave of absence from his current employer. Ron spends the following amounts at the new location:

Furnished apartment $ 4,800
Meals 3,000

Ron has AGI for the year of $100,000. Vincent's deductible travel expenses, after application of any relevant limitations, are

A) $5,800.
B) $1,900.
C) $4,300.
D) $7,800.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945807

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