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Author Question: Pat is a sales representative for a publishing company. He entertains customers as part of his job. ... (Read 82 times)

sheilaspns

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Pat is a sales representative for a publishing company. He entertains customers as part of his job. During the current year he spends $10,000 on business entertainment. The company reimburses him $5,000. Before consideration of the entertainment costs and the reimbursement, Pat earns AGI of $100,000, and he has itemized deductions of $12,000 due to mortgage interest and taxes.  Pat is single, with no dependents. What is Pat's taxable income
a. assuming the employer maintains an accountable plan?
b. assuming the employer does not maintain an accountable plan?


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Marked as best answer by sheilaspns on Sep 13, 2020

huda

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sheilaspns

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Reply 2 on: Sep 13, 2020
Excellent


bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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