Accountable plan after an adequate accounting


S incurs $100 for business meals while traveling for his employer. S is reimbursed in full by the employer pursuant to an accountable plan after an accountable plan after an adequate accounting.The employer can deduct:

a. $100 from AGI

b. $100 for AGI

c. $50 from AGI

d.$50 for AGI

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Accounting Basics: Accountable plan after an adequate accounting
Reference No:- TGS046114

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