Uncompensated Benefit W-2
What exactly does this mean? The way I would interpret that as being a dollar amount for space on your W-2 form just as if they paid you. Correct?
Forum Discussion
You do not include in your income the value of meals and lodging provided to you and your family by your employer at no charge if the following conditions are met...
The lodging is:
1.Furnished on the business premises of your employer,
2.Furnished for the convenience of your employer, and
3.A condition of your employment. (You must accept it in order to be able to properly perform your duties.) "
which can be found in IRS Publication 525: Here
The lodging is:
1.Furnished on the business premises of your employer,
2.Furnished for the convenience of your employer, and
3.A condition of your employment. (You must accept it in order to be able to properly perform your duties.) "
which can be found in IRS Publication 525: Here
