Originally Posted by
RetiredFTS
OK, I am going to test the "no stupid questions" theory and since new hires are here and increasing, here goes:
1. How exactly does their data (pro diem or flightline) get utilized on a tax return? My assumption is that we are not adequately reimbursed for on-the-job expenses.
2. Is there other accounting/record keeping that needs to be done on my part to show actual expenses vs. reimbursement?
Public or PM answers would be appreciated.
Greatly appreciated,
FTS
The tax services in question provide you with your maximum perdiem vs reimbursement difference. So, for perdiem purposes, you don't need to keep records for unreimbursed employee expenses, if you uses one of the tax services.
For everything else, keep records - job travel, union dues, job education, professional/safety gear etc.
Basically, your receipts plus what you get from flightline, prodiem, etc get added together to give you your unreimbursed employee expense line value.