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Which of the following statements is false regarding employee fringe benefits for 2021? A.Federal income tax is required to be withheld on supplemental wages. B.Employee
Which of the following statements is false regarding employee fringe benefits for 2021?
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A.Federal income tax is required to be withheld on supplemental wages.
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B.Employee discounts of 20% off the selling price of qualified property are excluded from the employees gross income.
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C.The value of an on-premises athletic facility provided by an employer is included in the employees gross income.
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D.Qualified bicycle commuting reimbursements are included in the income of the taxpayers employees.
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