Rachel's employer does not have an accountable plan for employee expenses.Her employer reimburses her for $3,000 of business travel expenses.
a.How much of the reimbursement must Rachel include in income?
b.How much can Rachel take as a miscellaneous itemized deduction subject to the 2 percent floor?

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The Answer of Rachel's employer does not have an accountable plan for employee expenses.Her employer reimburses her for $3,000 of business travel expenses.
a.How much of the reimbursement must Rachel include in income?
b.How much can Rachel take as a miscellaneous itemized deduction subject to the 2 percent floor?

Rachel's Employer Does Not Have an Accountable Plan for Employee