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Lev
Lev, Tax Advisor
Category: Tax
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Experience:  Taxes, Immigration, Labor Relations
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Is a employer provided housing dtaxable

Resolved Question:

Is a employer provided housing dtaxable
Submitted: 5 years ago.
Category: Tax
Expert:  Lev replied 5 years ago.

LEV :

Hi and welcome to Just Answer!

LEV :

Housing assistance provided by an employer is considered as fridge benefit and included into wages of an employee. There are some exemptions however...

LEV :

The value of lodging is not included into income if the lodging is furnished for the employer’s convenience, on the employer’s premises, and as a condition of employment.

LEV :

For reference - see page 16 in this publication - http://www.irs.gov/pub/irs-pdf/p15b.pdf

LEV :

Any fringe benefit provided by the employer is generally taxable and must be included in the recipient’s pay unless the law specifically excludes it.

LEV :

Please let me know if you need any help or clarification.

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