qbteachmt
Level 15
07-27-2024
11:00 AM
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"How is an S Corp accountable plan able to deduct 22K but a Sole Proprietorship can't deduct 22K?"
It's the other way around. As an employee, there are no home office deductions any longer. There would need to be some authentication for that high of a reimbursable expense under an accountable plan, and the activity alone might not even qualify. Example: a sports referee doesn't work at home.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers