2007-03-13 04:19:55 · 6 answers · asked by googlemaniac 3 in Business & Finance ➔ Taxes ➔ United States
hi
if you where paid for your expenses you do not reported it.
but if the company payed you less than the amount of your expenses, you can deduct the difference
2007-03-13 04:23:48 · answer #1 · answered by pcc122 4 · 2⤊ 0⤋
This depends on wither or not you where accountability to your employer for the expenses. This means you had to show them a receipt to get reimbursed. If you where fully reimbursed for this you are all set and do not need to report anything.
If you did not have to show receipts to your employer than it is considered a non-accountability plan and the amount will be added to your taxable wages. You will be able to deduct the work related expenses in this situation.
2007-03-13 12:54:59 · answer #2 · answered by jks_mi 3 · 0⤊ 1⤋
No, if you reported them to your employer and were reimbursed, you don't show them on your tax return.
2007-03-13 15:42:54 · answer #3 · answered by Judy 7 · 1⤊ 0⤋
If you spent $100.00 on a hotel and your employer gives you $80.00 you may report $20.00. Do NOT report anything for which your employer has already reimbursed you.
2007-03-13 11:28:24 · answer #4 · answered by Joyce M 2 · 1⤊ 1⤋
No. If you were fully reimbursed, do NOT report this on your taxes.
If you were not reimbursed (or reimbursed for less than it cost you), you can report it.
However, you will need receipts for (almost) everything you report.
2007-03-13 11:27:51 · answer #5 · answered by Jay 7 · 1⤊ 0⤋
if you were fully reimbursed by your employer you don't do anything. if were not fully reimbursed, you will be able to include it in your itemized deductions only by the amount that your total unreimbursed expenses exceed 3% of your adjusted gross income.
2007-03-13 12:26:00 · answer #6 · answered by Ovrtaxed 4 · 0⤊ 2⤋