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IRS Rules on the 75% First/Last Day M&IE Reduction Under Accountable Plans
September 24, 2026
Q. Our university's travel reimbursement policy works on an accountable plan basis. We require receipts for any travel expense over $30. For meals, we allow travelers to claim up to a maximum amount listed on the GSA.gov website for the cities they are traveling to, and they have to provide itemized meal receipts if the amount claimed is over $30. I noticed on the GSA.gov website it states, "The amount received on the first and last day of travel equals 75% of the M&IE total." I realize the…
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