Myron graduates from college this year and lands a job with the Collingwood Corporation in Dallas. After accepting the job, he flies to Dallas to find an apartment. Myron uses $2,000 his grandmother gave him as a graduation gift to pay a moving company to transport his household goods from Atlanta. He doesn?t drive directly to Dallas but goes via Panama City to vacation with friends. In moving to Dallas via Panama City, he incurs the following expenses:
Transportation of household goods . $2,000
Lodging ............. 675
Meals ............... 330
Mileage ......... (1,560 miles)
Airfare .............. 325
Lodging ............... 165
Meals ............... 110
The expenses listed include $375 for lodging and $230 for meals in Panama City. The direct mileage between Atlanta and Dallas is 1,340 miles. When Myron arrives in Dallas, he is informed that the moving van has mechanical problems and will not arrive for two days. Instead of sleeping on the apartment floor, he stays in a local hotel, paying $55 per night; he also spends $60 for meals. What is Myron?s allowable moving deduction?
This question was answered on: Jul 11, 2017
Need a similar solution fast, written anew from scratch? Place your own custom order
We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.