Tom is employed by a large consulting firm.His employer has an accountable expense reimbursement plan.Tom paid for $3,000 of travel expenses which were directly reimbursed under the plan.How will the travel expenses be treated in Tom's tax return?

Question

Quizplus · Accepted Answer

The Answer of Tom is employed by a large consulting firm.His employer has an accountable expense reimbursement plan.Tom paid for $3,000 of travel expenses which were directly reimbursed under the plan.How will the travel expenses be treated in Tom's tax return?

Tom Is Employed by a Large Consulting Firm