TAX questions - reimbursal, 401k,?

TAX questions - reimbursal, 401k,?
tax reporting questions - reimbursing and mileage? i am new to this so please help!! i'd appreciate it! 1. my company pays for a portion of my cell phone bill.... do i report these amounts??? 2. also, i have gone to a few educational job related seminars, can i use deductions and report the mileage I have incurred 3. i do my 401k through my job, on w-2 portiong of filing, i input the amount; but do i need to input my 401k information in any other part of the filing??? does our 401k pay company send us any kind of form with information for tax reporting??? 4. i have also received scholarship money from my job as part of extended learning benefit. What i do is pay for the classes and then i get reimbursed. am i supposed to report this anywhere?? i did not receive any additional forms for this so I assume i dont, but i do not want to leave a gap in my tax report.


Answers:

paradise:  Your employer probably has what is considered an accountable plan set up for you regarding your telephone. It is not reported on your W2 and is considered a reimbursement of your expenses. The 401K is on your W2 and is coded as such. You do not need to put this figure any where else on the return but you may be eligible for an additional credit for contributions made on your federal return. If you have enough expenses to itemize your deductions you may take your educational job related seminars and mileage on your 1040 Sch A, Form 2106. Scholarship monies received are usually not taxable but in the same respect you can not deduct any education expenses if you are getting reimbursed
2009-04-15 06:35:14