Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 12:59:35 AM

I worked for a property management co, received discounted rent for my apt, the amt covered byemployer shows as TXHSE under box 14 on my W2, how do I rpt this on W2 info

0 3 2294
1 Best answer
Expert Alumni
Jun 6, 2019 12:59:37 AM

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]

3 Replies
Expert Alumni
Jun 6, 2019 12:59:37 AM

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]

New Member
Jun 6, 2019 12:59:38 AM

Turbo tax did show this as Other - not on above list, which treats this entry as non-taxable.  What I'm trying to confirm is whether this housing allowance IS a taxable event, and if so, how to reflect it in the W2.

Expert Alumni
Jun 6, 2019 12:59:40 AM

I apologize for misunderstanding your question. Please see my edited answer. I hope you find this helpful.