When is a 1-day travel meal reimbursement considered taxable?
The 1-Day Taxable Meal Amount field must be completed on a Fixed Meal entry for the 1-day travel when there is no meeting with a client or colleagues and therefore no business purpose for the meal. EXAMPLE: An employee travels from Philadelphia to UP. During the return trip from UP, the employee stops and eats lunch. If the employee requests reimbursement for the meal, the amount the employee is actually being reimbursed is the 1-Day Taxable Meal Amount and must be entered on the Fixed Meal entry that is created by the itinerary.
Related Questions
- What expenditure object code should be used to record taxable meal reimbursements for employee travel without an overnight stay or substantial rest period?
- What expense object code should be used to record taxable meal reimbursements for employee travel without an overnight stay or substantial rest period?
- When is a 1-day travel meal reimbursement considered taxable?
