Reimbursement
Reimbursement means:
the payment of an employee or another party for incurred expenses or losses. The payment of an employee or another party for incurred expenses or losses. For example, an employer may reimburse an employee for travel and entertainment expenses, thereby making such expenses deductions for Adjusted Gross Income.
See also other Tax Terms and Definitions in U.S.A.
accountable plan; nonaccountable plan.
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