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Whats the total itemized deduction? Paul's company has an accountable expense reimbursement plan for employees from which Paul receives $12,000 for the following expenses: Airfare$4,700
Whats the total itemized deduction?
Paul's company has an accountable expense reimbursement plan for employees from which Paul receives $12,000 for the following expenses:
Airfare$4,700
Hotel3,400
Meals2,000
Car rentals600
Entertainment900
Incidentals400
Total12,000
During the current year, Paul also paid $295 for engineering publications related to his employment at Atom in addition to those paid for by his employer and $325 for a local CPA to prepare his tax return for the prior year.
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