Form 2106--Employee Business Expenses (2005). Summary: This is an example of Form 2106 (2005) with items included as described in the text. Additionally, these line items
are
completed:
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“Your name” field contains David Pine
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“Occupation in which you incurred expenses” field contains Sales
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“Social security number” field contains 559-00-9559
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Under
“Part I--Employee Business Expenses and Reimbursements: Step 1--Enter Your Expenses”:
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“1. Vehicle expenses from line 22 or line 29. (Rural mail carriers: See instructions.)” field contains 5,520
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“2. Vehicle expenses from line 22 or line 29. (Rural mail carriers: See instructions.)” field contains 5,520
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“6. Total expenses. In Column A, add lines 1 through 4 and enter the result. In Column B, enter the amount from line 5” field contains
8,708
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Under
“Part I--Employee Business Expenses and Reimbursements: Step 3--Figure Expenses To Deduct on Schedule A (Form 1040)”:
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“8. Subtract line 7 from line 6. If zero or less, enter 0. However, if line 7 is greater than line 6 in Column A, report the
excess as income
on Form 1040, line 7” field contains 5,768
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“9. In Column A, enter the amount from line 8. In Column B, multiply line 8 by 50% (.50). (Employees subject to Department
of Transportation
(D.O.T.) hours of service limits: Multiply meal expenses by 65% (.65) instead of 50%. For details, see instructions.)” field contains
5,768
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