If an employer reimbursement plan is an accountable plan,for an expense that is fully reimbursed the employee does not have to report either the expense or the reimbursement .

Question

Quizplus · Accepted Answer

Under an accountable reimbursement plan, if the expense is fully reimbursed by the employer, the employee does not have to report the expense or the reimbursement as taxable income. This is because the reimbursement is not considered income, but rather a return of the employee's own expenses.

If an Employer Reimbursement Plan Is an Accountable Plan,for an Expense