Determining the travel expense


Discuss the following :

For a reimbursement plan to be considered an accountable plan, the plan must require the employees to return any excess reimbursements over substantiated expenses.

For the purpose of determining whether a travel expense is allowed, the "tax home" is the place where the taxpayer lives most of the year.

 

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Taxation: Determining the travel expense
Reference No:- TGS02109364

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