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Author Question: All of the following items are excluded from gross incomeexcept (Read 41 times)

nautica902

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Question 1

All of the following fringe benefits paid for by the employer may be excluded from an employee's gross income except
◦ discounts on services of 25 percent.
◦ subscriptions to professional publications.
◦ recreational facilities on employer's premises.
◦ company-paid parking costing $225 per month to non-employees.

Question 2

All of the following items are excluded from gross income except
◦ working condition benefits.
◦ de minimis benefits.
◦ no additional cost benefits for employees.
◦ disability income from an employer-financed policy.


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Marked as best answer by nautica902 on Sep 13, 2020

Jordin Calloway

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nautica902

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


ultraflyy23

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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