Answered: 11.If an employee is reimbursed through…

11.If an employee is reimbursed through an accountable plan which of the following is true? A.All reimbursements must be included in income.

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter9: Deductions: Employee And Self-employed-related Expenses

Section: Chapter Questions

Problem 17DQ

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11.If an employee is reimbursed through an
accountable plan which of the following is
true?
A.All reimbursements must be included in
income.
B.A reimbursement equal to the expense is
not included in income.
C.The amount of reimbursement above the
expenses should not be included in income.
D.None these answers.

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