QUESTION DETAIL
Related User
Votes
We get a clothing allowance at work. We have always got it in the form of a check because it is considered to be taxable income to us. This year we are told by our employer we are to charge the items on a company credit card. Is this legal? Is it sox co
ANSWER
The BIDaWIZ Team's Answer:
Yes: this is still acceptable. If the employer deducts the expense, as
a de minimis fringe benefit, it is not taxable income, to you. If they report it as
compensation, to you, you can claim the deduction, on Form 2106, as an
un-reimbursed business expense, if the clothes qualify as a uniform expense.