Depending on the the type of fringe benefit you receive it may be taxable for Social Security and Medicare unless it qualifies as excludable.
Here is a list of benefits that are excludable from being taxed for Social Security and Medicare tax.
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Accident and health benefits.
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Achievement awards.
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Adoption assistance.
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Athletic facilities.
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De minimis (minimal) benefits.
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Dependent care assistance.
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Educational assistance.
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Employee discounts.
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Employee stock options.
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Employer-provided cell phones.
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Group-term life insurance coverage.
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Health savings accounts (HSAs).
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Lodging on your business premises.
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Meals.
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No-additional-cost services.
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Retirement planning services.
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Transportation (commuting) benefits.
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Tuition reduction.
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Working condition benefits.
It the benefits you received is not one of these then the correct place to report the income is as self-employed income.
Link to Publication 15 Employer's Ta Guide to Fringe Benefits
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