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Accountable plan requirement for last four digits of credit card
February 13, 2023
Q. I am trying to find the IRS publication that states that if a payment for a business expense that is being reimbursed was made with a credit card, the last four digits of the credit card are needed. I looked at Publication 463 but there is no specific requirement stated.
A.
(Answered by IOFM's third-party tax experts)
There is not a tax regulation or procedure requiring the last four numbers of a credit card as a requirement in substantiation for "accountable plan" business expense…
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