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In 2020, Morty an employee of The Vindicators, Inc. (a superhero team that prevents world destruction) incurred the following business expenses: a. Intergalactic travel expenses
In 2020, Morty an employee of The Vindicators, Inc. (a superhero team that prevents world destruction) incurred the following business expenses: a. Intergalactic travel expenses of $35,759 (which includes travel, meals, and lodging) b. Spacesuit expenses of $78,266 (the spacesuit is not suitable for everyday wear) c. Moving expenses of $92,134 The Vindicators, Inc. did not reimburse any of these expenses. What are the tax consequences of these expenses for Morty? Be as brief/succinct as possible in providing your answer.
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