W-2 - Employee Business expense Reimbursements - Box 1 and 12
Answer:
Generally, Payments made under an accountable plan are excluded from employee's gross income and not reported on Form W-2, However
if the per diem or mileage allowance exceed the IRS rules the excess is treated as wages in Box 1 and also in Box 12 Using Code L.
These amounts are subject to Social Security, Medicare and Withholding taxes.
if the per diem or mileage allowance exceed the IRS rules the excess is treated as wages in Box 1 and also in Box 12 Using Code L.
These amounts are subject to Social Security, Medicare and Withholding taxes.
