Business subscriptions and professional dues


Tina is reimbursed for $1,500 of business travel and $500 for various business subscriptions and professional dues. The $2,000 reimbursement should be treated as follows:

A. $2,000 of income to Tina should be reported.

B. Income to Tina and a corresponding miscellaneous deduction for her, subject to the 2% of AGI floor.

C. No taxable income should be reported to Tina.

D. $500 of income should be reported to Tina.

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Accounting Basics: Business subscriptions and professional dues
Reference No:- TGS039422

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