Trinidad Schwab is an employee at the Kyletown Fire Department. He received the following benefits from his employer during 2017:

• On-site housing, $400 per month
• Employer-provided cell phone, $100 per month
• Meals, $200 per month

Required:

What amount of these benefits are taxable for 2017?____

I came up with taxable amount = (400+100)*12=$6000 and got it incorrect.

Please let me know what I'm doing wrong.