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Accountable plan reimbursements

Varies

Can You Write Off Accountable Plan Reimbursements?

Short answer: Yes: an accountable plan lets your S-corp or C-corp reimburse your home office, phone, and mileage tax-free and deduct it.

You need a written plan, receipts, and timely reimbursement.

Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.