Question
2- Which of the following noncash fringe benefits are considered taxable and subject to withholding? a.qualified transportation fringe. b.membership in a country club. c.reduced tuition
2- Which of the following noncash fringe benefits are considered taxable and subject to withholding?
a.qualified transportation fringe.
b.membership in a country club.
c.reduced tuition for education.
d.de minimis fringe benefits.
3- Which of the following items are not included in Social Security wages that are reported in Box 3 of Form W-2.
a.group term life insurance premiums in excess of $50,000 of coverage.
b.gross wages paid in excess of the taxable wage base for OASDI for the year.
c.employer contributions to a deferred comp plan if it is included in Box 12 (codes D, E, F or G), even if not included in Box 1.
d.employee business expenses that are included in the "Wages, tips and other compensation" box.
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