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Q. Show the Accountable Plan?
Accountable Plan - An accountable plan is any reimbursement or other expense allowancearrangement of an employer which meets all of the subsequent requirements (thus excluding itfrom gross w-2 earned income and tax):
(1) it provides reimbursements advances or allowancesincluding per meals anddiem, to employees for any job related deductible business expense;
(2)employees should be able to substantiate expenses covered in the plan;
(3) employee should returnany excess advances or payments.
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