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Can executor get money back from out of pocket expense?
The executor can make a claim against the estate for expenses. The probate court will have to approve. The expenses have to be reasonable and normal.
What are out of pocket expenses?
Out of pocket expenses are business expenses for which the individual who accrues these expenses is not reimbursed by the company they are employed by or from the business itself if they are the business owner.
What is unrecoverable expenses?
Unrecoverable expenses are out of pocket expenses that you cannot obtain reimbursement on
What is unrecoverable?
Unrecoverable expenses are out of pocket expenses that you cannot obtain reimbursement on
Is the word 'approval' a verb?
No - the verb is 'approve', as in - "please approve my expenses claim". But in "my expenses claim is waiting approval", 'approval' is a noun.
Are executor expenses tax deductible?
they are not a deductable amount. You can claim expenses as an executor against the estate funds. However, if you do claim executor expenses against the amount of the estate they are taxed as income for the person claiming them.
What are some examples of out-of--pocket expenses?
Out-of-pocket expenses is money paid by an individual that will later may or may not be reimbursed. Some examples include interest on deposits, FICA tax, and buying equipment.
Where can I find out what corporate vacation expenses I can claim as a business expense?
I believe this web site www.corpvacations.com/ would be a great site to see what expenses can be claim as business expenses. Also to see certain places to go.
When the out of pocket threshold is reached benefits are payable at what percentage?
Out-of-Pocket Threshold @100% of eligible expenses during a calendar year
What is the default format for a pocket camera?
Either jpg or jpeg
If you hit a telephone pole and have no car insurance what happens?
you pay out-of-the pocket expenses.
What are the advantages of a pocket book?
The advanatages of a pocket book would be the ability to keep track of your daily finances. Using a pocket book can keep you accountable for all daily expenses.
