Question
Damien works as a salesman for Binge Enterprises. He travels outside his tax home on a regular basis and is reimbursed for his meal and
Damien works as a salesman for Binge Enterprises. He travels outside his tax home on a regular basis and is reimbursed for his meal and lodging expenses by his employer under an accountable plan. For the meal and lodging reimbursement he receives from his employer to not be taxable income he must:
Select one:
a. Return any excess reimbursements or allowance with a reasonable time period.
b. Adequately account to his employer for these expenses within a reasonable time period.
c. All of the these.
d. None of these.
e. Have paid or incurred the expense while performing services as an employee.
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