- Membership
- Certification
- Events
- Community
- About
- Help
Unreimbursed expenses for deceased employee
August 29, 2024
Q. I work for a university and just found out an employee unexpectedly passed away before the meal receipts for a reimbursement could be submitted. What is protocol for this? Does the department still submit reimbursements as normal and the family can recover them out of the bank account on file?'
A.
(Answered by IOFM's third-party tax experts)
If the expense amounts are fully substantiated according to the “accountable plan” rules of the federal tax regulations at Reg. sec. 1.62-2, the payment…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
