Does the automatic eReceipt limit of $75 also apply to the Expensify Card?
Does the automatic eReceipt limit of $75 also apply to the Expensify Card?
edit: Per the IRS publication 463 documentary evidence (i.e., receipts) aren't even required for expenses, other than lodging, less than $75.
Best Answer
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Hey @Sdeforest, great question!
No; the Expensify Card will generate an eReceipt for expenses larger than $75. That said, please consult your tax advisor regarding your specific circumstances, as the IRS does require receipts for expenses exceeding $75.