Trinidad Schwab is an employee at Kyletown Fire Department. He received the following benefits from his employer
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Trinidad Schwab is an employee at Kyletown Fire Department. He received the following benefits from his employer during 2018 for company purposes:
- On-site housing, $250 per month
- Employer-provided cell phone, $50 per month
- Meals, $100 per month
What amount of these benefits are taxable for 2018? None of these may be taxable as they occurred on the company’s location for the company’s purposes.
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Related Book For
Payroll Accounting 2019
ISBN: 978-1259917073
5th edition
Authors: Jeanette Landin, Paulette Schirmer
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