Reimbursement paid as wages

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • POCAHONTAS
    Senior Member
    • Jan 2008
    • 236
    #1

    Reimbursement paid as wages

    construction worker"s lodging and travel expense reimbursed as part of his salary, how would those reimbursements be treated???

    thanks
    Tags: None
    • DaveO
      Senior Member
      • Dec 2005
      • 1453
      #2
      How are they treated on the W-2? If the reimbursement is included in wages then he would take a full deduction on form 2106. If not included in Box 1 of the W-2 then he would report expense and reimbursement on form 2106.
      In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.
      Alexis de Tocqueville

        Comment

        • Jesse
          Senior Member
          • Aug 2005
          • 2064
          #3
          Would depend on if an accountable or nonaccountable plan. Is it part of his taxable salary or nontaxable salary?
          http://www.viagrabelgiquefr.com/

            Comment

            • taxea
              Senior Member
              • Nov 2005
              • 4292
              #4
              I agree with DaveO. taxea
              Believe nothing you have not personally researched and verified.

                Comment

                • POCAHONTAS
                  Senior Member
                  • Jan 2008
                  • 236
                  #5
                  it is a non accountable plan and the client says it is part of his wages, so if it wasn't part of his wages it would show in probably box 14 right??

                  thanks

                    Comment

                    • Jesse
                      Senior Member
                      • Aug 2005
                      • 2064
                      #6
                      Originally posted by POCAHONTAS
                      it is a non accountable plan and the client says it is part of his wages, so if it wasn't part of his wages it would show in probably box 14 right??

                      thanks
                      It should be included in box 1 wages in that case and he could take a deduction on form 2106. . If it wasn't part of the taxable wages it would not necessarily show up in box 14.
                      http://www.viagrabelgiquefr.com/

                        Comment

                        • Davc
                          Senior Member
                          • Dec 2006
                          • 1088
                          #7
                          Have him bring in a pay stub.

                            Comment

                            Previous template Next

                            Disclaimer

                            Collapse

                            This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

                            Working...