Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Ask the Experts about the new tax laws! >> Event happening TODAY!
cancel
Showing results for 
Search instead for 
Did you mean: 
fixthisandthat
New Member

Will i be responsible for paying taxes on housing benefits from my employer? My employer pays my housing, on my paychecks it shows as income but on my W-2 it isnt on ther

 
1 Best answer

Accepted Solutions
MaryK1101
Expert Alumni

Will i be responsible for paying taxes on housing benefits from my employer? My employer pays my housing, on my paychecks it shows as income but on my W-2 it isnt on ther

No, you don't 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.  

  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.

If you were required to pay tax on the housing, it would have been included on Line 1 of your W2.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MaryK1101
Expert Alumni

Will i be responsible for paying taxes on housing benefits from my employer? My employer pays my housing, on my paychecks it shows as income but on my W-2 it isnt on ther

No, you don't 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.  

  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.

If you were required to pay tax on the housing, it would have been included on Line 1 of your W2.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v