marlo
Level 1
12-06-2019
06:44 PM
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The vacation home is owned by the sole stockholder of a Scorp.
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Marc-TaxMan
Level 8
12-06-2019
06:44 PM
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He lets employees stay in his 100% vacay home? No other 'rental?' Do employees get reported as taxable income for this fringe benefit?
marlo
Level 1
12-06-2019
06:44 PM
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No rents and has not reported on W-2 as this is the first year for this.
Marc-TaxMan
Level 8
12-06-2019
06:44 PM
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I assume this is not a fringe benefit available to any employee, but just a select few top people.
Marlo: I do not know the answer, but the brains out there will know
Marlo: I do not know the answer, but the brains out there will know
Accountant-Man
Level 13
12-06-2019
06:44 PM
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I don't know the answer, but I vote no.
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