Your client, Jasper, is an employee of a defense contractor and was assigned to work on a
Question:
Your client, Jasper, is an employee of a defense contractor and was assigned to work on a military base in Australia. As a condition of his employ- ment, he was required to live in housing that was provided to military personnel. The housing provided was a condominium located in a civilian neighborhood that was 20 miles from the military base where he performed his services. The employer paid over $6,000 of rent while Jasper was living there. He would like to know whether the value of the housing can be excluded from his gross income. Jasper read an article that indicated that employees who are required to live in a "camp" in a foreign country can exclude the cost of the housing from gross income. Send an e-mail to your instructor summarizing your findings. Research Problem
Step by Step Answer:
Essentials Of Taxation Individuals And Business Entities 2019
ISBN: 9780357233290
1st Edition
Authors: William A Raabe, James C Young