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| On Sep 18, 8:02*pm, "Chris Ruehrwein" <crueh...[at]mathworks.com> wrote: - quote - > Is this taxable Income? An employer requires all employees to live at their
When Lodging is Excluded from Gross Income> hotel(A) for their convenance. *They do not provide a cash allowance and it > is a condition of employment to live at the hotel. *The employer provides > lodging to all of their employees. *This potential employee has a child with > medical conditions and needs to be close to medical assistance. The employer > offers the potential employee to live at their hotel(B) *own by the parent > corporation one block away which has medical facitlites located in the > hotel. *The potential employee would be working at hotel(A) and living at > hotel(B). Would her lodging paid for by her employer be added to her taxable > income? Under Section 119 and the Regulations thereunder, the value of lodging (including utilities) furnished by an employer to an employee is excluded from the employee's gross income if all three of the following conditions are met ![]() * The lodging is furnished on the business premises of the employer; * The lodging is furnished for the convenience of the employer; and * The employee is required to accept such lodging as a condition of employment. Milt Baker CPA -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| Is this taxable Income? An employer requires all employees to live at their hotel(A) for their convenance. They do not provide a cash allowance and it is a condition of employment to live at the hotel. The employer provides lodging to all of their employees. This potential employee has a child with medical conditions and needs to be close to medical assistance. The employer offers the potential employee to live at their hotel(B) own by the parent corporation one block away which has medical facitlites located in the hotel. The potential employee would be working at hotel(A) and living at hotel(B). Would her lodging paid for by her employer be added to her taxable income? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| deduction, lodging, question |
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