Question

Which of the following does NOT require a taxpayer to use Form 2106 to report employee...

Which of the following does NOT require a taxpayer to use Form 2106 to report employee business expenses? Tax-free employer reimbursement. Travel expenses. Meal expenses. Education expenses.

Homework Answers

Answer #1

A tax payer uses Form 2106 to report all expenses incurred by the employee during the conduct of business.

All expenses & employer reimbursements, in connection with business , like travel, meals , etc. are reported under Part 1 and vehicle expenses are exclusively reported under Part 2 of this Form.

So, the Answer is:

Education expenses are taken credit separately through various available credits such as American Opportunity Tax Credit and Lifetime Learning Tax Credit.

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