Travel, meals, and lodging for overnight travel, to obtain qualified Telephone Number List education. You must keep proper records to prove your education expenses; otherwise the IRS will disallow them in the case of an audit. Employer Telephone Number List reimbursement plans If your employer does not reimburse you for your work-related expenses, any allowable expense in excess of 2% of your adjusted gross income is fully deductible on Schedule A.
If your employer does reimburse you, the deductibility Telephone Number List of the expense depends on the type of reimbursement plan you have. There are two types of employer Telephone Number List reimbursement plans - an accountable plan and a non-accountable plan.
An accountable plan Telephone Number List Under an accountable plan, your employer's reimbursement or allowance arrangement must require you to: (a) adequately account your expenses to your employer, and (b) return any excess Telephone Number List reimbursement or allowance. The rules under an accountable are as follows: