Alvin is an employee of York Company. During 2020, he incurs the following employment-related expenses: Travel ........$4,000

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Alvin is an employee of York Company. During 2020, he incurs the following employment-related expenses:

Travel ........$4,000

Meals ..........3,500

Lodging ......2,500

a. How should Alvin treat these expenses if York Company has an accountable employee business expense reimbursement plan and Alvin is reimbursed

1. $9,000?

2. $10,000?

3. $11,000?

b. How would your answer to part a change if York's reimbursement plan were nonaccountable?

c. How would your answer to part a change if Alvin were self-employed (i.e., receiving no reimbursements)?

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Concepts In Federal Taxation 2021

ISBN: 9780357141212

28th Edition

Authors: Kevin E. Murphy, Mark Higgins, Randy Skalberg

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