Jean's employer has an accountable plan for reimbursing employee expenses.Jean is reimbursed for $1,500 of business travel and $500 for various business subscriptions and professional dues.The $2,000 reimbursement should be treated as follows:

Question

Jean's employer has an accountable plan for reimbursing employee expenses.Jean is reimbursed for $1,500 of business travel and $500 for various business subscriptions and professional dues.The $2,000 reimbursement should be treated as follows: ​

Quizplus · Accepted Answer

Since Jean's employer has an accountable plan, the reimbursement of business travel and business subscriptions/professional dues are not considered taxable income and therefore do not need to be reported on Jean's tax return.

Jean's Employer Has an Accountable Plan for Reimbursing Employee Expenses