Edward incurs the following moving expenses: $$\begin{array} { | l | r | }
\hline \text { Direct moving expenses } & \$ 4,000 \
\hline \text { Indirect moving expense } & 6,000 \
\hline
\end{array}$$ The employer reimburses Edward for the full $10,000. What is the amount to be reported as income by Edward?
A) $0
B) $4,000
C) $6,000
D) $10,000

Question

Edward incurs the following moving expenses: $$\begin{array} { | l | r | } 
\hline \text { Direct moving expenses } & \$ 4,000 \
\hline \text { Indirect moving expense } & 6,000 \
\hline
\end{array}$$ The employer reimburses Edward for the full $10,000. What is the amount to be reported as income by Edward?
A) $0
B) $4,000
C) $6,000
D) $10,000

Quizplus · Accepted Answer

The Answer of Edward incurs the following moving expenses: $$\begin{array} { | l | r | } 
\hline \text { Direct moving expenses } & \$ 4,000 \
\hline \text { Indirect moving expense } & 6,000 \
\hline
\end{array}$$ The employer reimburses Edward for the full $10,000. What is the amount to be reported as income by Edward?
A) $0
B) $4,000
C) $6,000
D) $10,000

Edward Incurs the Following Moving Expenses The Employer Reimburses Edward for the Full $10,000