Deductions & credits

 

  • Exception: It can be non-taxable if it meets the IRS’s “convenience of the employer” test (IRC §119):
    1. On the business premises – The lodging must be on or near the employer’s place of business.
    2. For the employer’s convenience – Provided for business reasons, not just as extra compensation.
    3. Condition of employment – You must be required to accept the lodging to properly do your job.
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