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    KAT4's Avatar
    KAT4 Posts: 6, Reputation: 1
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    #1

    Mar 11, 2007, 07:52 PM
    Individual Tax
    Robert attended a management seminar (related to his business) in Orlando for 5 days. The first 4 days were spent attending the seminar and the last day was spent sightseeing. In connection with the trip, Robert was reimbursed $2,000 by his employers business under an accountable reimbursement plan. Of this amount, $1,700 was for his travel and seminar expenses and $300 was for his meal expenses. The $2,000 reimbursement is reported in box 12 with the code L (substantiated employee business expense). Robert's total expenses for his trip to Orlando are as follows:

    Air Fare (round trip)... $340
    Seminar registration... $550
    Lodging ($170 per night)... $850
    Meals ($80 per day)... $400
    Airport parking ($10 per day)... $50
    Rental Car ($50 per day)... $250

    How do you get $1,700 for travel and seminar expenses and $300 for meal expenses?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 12, 2007, 11:02 AM
    This is a home work question which would require a significant amount of time and effort to answer.

    Time is MONEY during tax season, so, unless you are willing to compensate me for my time, I cannot answer it.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Mar 12, 2007, 11:13 AM
    Yes sorry but it is an obvious homework issue,

    Why not tell us what you thing, or ask your teacher for help
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Mar 13, 2007, 11:34 PM
    Glad someone agrees with me!
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