Discuss the 2%-of-AGI floor and the 50% cutback limitation in connection with various employee expenses under the following arrangements:
a.The employee is not reimbursed by the employer.
b.The employee is fully reimbursed under a nonaccountable plan.
c.The employee is partially reimbursed under an accountable plan.
d.The employee is fully reimbursed under an accountable plan.

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The Answer of Discuss the 2%-of-AGI floor and the 50% cutback limitation in connection with various employee expenses under the following arrangements:
a.The employee is not reimbursed by the employer.
b.The employee is fully reimbursed under a nonaccountable plan.
c.The employee is partially reimbursed under an accountable plan.
d.The employee is fully reimbursed under an accountable plan.

Discuss the 2%-Of-AGI Floor and the 50% Cutback Limitation in Connection