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Friday, April 19, 2019

RP2 Essay Example | Topics and Well Written Essays - 250 words

RP2 - turn up Exampleed exclusively of his living expenses for his time in Delawargon, California and Michigan totaling 30 months, claiming all the expenses for food, rent and transportation were temporary living expenses while he was away from homes.Issues or tax questions Abdul would care to claim a deduction for his temporary living expenses while he was away from home however IRS examined Abduls returns and challenged the deduction for temporary living expenses.Rationale Temporary living expenses including travel expenses incurred during temporary work appointment or extended business trip that was intended to last for one year or little (J.k 88). Temporary living expense includes meals, local transportation and hotel accommodation or apartment rent for longitudinal stays. Meals may be estimated using federal per diem rates. On tax return temporary living expenses are deducted as unreimbursed employee business expenses.Authority IRS periodical 54, page 12, travel expenses a re in Form 2106-EZ or Form 2106, allowable unreimbursed expenses are in the 2106-EZ Form or Form 2106 to Form 1040, Schedule A and are subject to a maximum based on 2% of calculated Gross

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