- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
If the housing allowance you received from your employer was for "Lodging on Your Business Premises" then it would be excluded from income. The IRS rules state the following:
You can exclude the value of lodging you furnish to an employee from the employee's wages if it meets the following tests.
- It is furnished on your business premises
- It is furnished for your convenience.
- The employee must accept it as a condition of employment.
[Edited 03.17.2019 | 1:43 PM pst]
‎June 6, 2019
12:59 AM