is the reimbursement of a non-deductible item a taxable event?
400989
Ordinarily not.  However, as the other answer indicates, if the item is employment-related, then the reimbursement may be compensation.  You need to provide more information:  What is the nature of the item being reumbursed, and what are the circumstances for its reimbursement?
854656
Yes, but usually only up to a certain amount per year. You'll need to figure out what the maximum reimbursement per year is because if you spend over that, it comes out of your pocket.
864332
Short answer, yes.  Whatever they accept has a value.  The IRS even has a set of rules for deducting 'non-cash' donations.
889113
Think of it this way, insurance settlements arre usually reimbursements for money that you have already spent repairing or replacing items that were damaged, lost or stolen.  Usually this money is not taxable.  If however you sue an insurance company and receive money above and beyond what it cost to repair or replace property, i.e. punitive damages, the amount in punitive damages would be taxable.\n\nIf you receive money and loan it to someone else, it is assumed to be your money of which you can do whatever you want you may claim it as a nonbusiness bad debt deduction.  However in order to deduct it off your taxes - you woud have to 1099 the borrower for the forgiveness of the debt.  This person would then add that amount that amount as ataxable income to thier return.
59821
I'm not sure exactly what to what you are referring, but if you are being directly reimbursed by a company (I'm assuming you're not the owner of this company) for a specific expense, you cannot claim that expense against your taxes.
378795
not if you are looking at as a "deduction"\nit's a flat rate up to a ceiling, based on taxable gross income. best way to reduce it is, pretax deductions (401, pretax med insurance, fsa, etc)
265081
No you do not have to pay any tax to the IRS for that.  It is like you using a coupon to buy groceries, you don't pay the IRS the tax on the money you saved.
1118620
Not sure, but it sounds as though you may asking about a resale certificate, so that you're exempt from paying sales tax on products for resale. If so, contact the state agency that deals with sales tax issues.
289374
The college expenses qualifying for a tax deduction are any non-reimbursed educational courses an employee may take to assist with their job.
245469
You are given an allowance in the Tax\nscheme for these things,so I don't think\nyou can claim them.check with your taxman\nto be sure.
790754
Depends what the item is.  In many states they have Personal Property Taxes.  They also have luxury taxes.  All of these might be additional taxes you will incur.
523260
If you are the receiver of the inheritance, the tax has already been paid by the estate.  The money you received is tax-free.  My condolences on your lose.
1144644
Yes, but it must be filed and it's a one time thing. You can only do this one time, any other gift will be taxed. You will also have to provide a "gift letter".
784343
It's not deductible.  If they're a 501c(3) corporation (recognized as a charitable organization by the IRS) and you just gave them a $35 donation without getting a kitten, that could be deductible if you itemize.  But since you're getting something for your money, it's not a donation, it's a fee, no matter what they call it, so not deductible.
75120
In the US, if you receive a settlement for a personal injury, any amount that covers items such as medical expenses and lost wages, what would be called compensatory, will not be subject to income tax.  An amount that you receive that is designated as punitive damages would be taxable.
288280
Depends on your local/state/province's tax code.  Chances are that it's not.
1137870
Deductible as an ordinary and necessary business expense under section 162 if the education is work related. There is also a break for an educational assistance plan under section 127 that may apply.\n\nOtherwise, it is employee compensation that is deductible to the employer, most likely, but may be taxable income to the employee.