Tag's: Unreimbursed Partnership Expenses

Unreimbursed Partnership Expenses

If you run your business with a partner then chances are you run your business as a partnership. As a partner in a partnership, you are not considered an employee. The accountable plan discussed in the previous post is an employee reimbursement agreement. Since partners are not considered employees, the accountable plan does not apply to partners. Partners do not receive W-2s, rather they received a Schedule K-1 (Form 1065)
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