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1. Tom is a single taxpayer, and incurs $ 2,500 of Business expenses in being an accountant. a. How would Tom treat his business deductions

1. Tom is a single taxpayer, and incurs $ 2,500 of Business expenses in being an accountant. a. How would Tom treat his business deductions if he was self employed? b. How would Tom treat these business expenses if he was an employee and his employer did not reimburse expenses to him? c. If Tom was an employee and his employer paid him a flat $ 2,000 for expenses (not an accountable plan), how would Tom treat the reimbursement and the $2,500 in business expenses? d. Tom received $ 2,500 from his employer for reimbursed expenses under an accountable plan. How would Tom treat the reimbursements and the expenses?

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