Can we be taxed on corporate housing and auto rentals ?

My husband and I were on temporary assignment in California because of his work from November 2017 to September 2018. The company paid for our corporate housing and car rentals while we were there. We still kept our home in Massachusetts and continued to pay our household expenses. It seems now that our W2 box 1 increased by $51,004.45. Is this correct ? Would we be taxed on corporate housing and car rentals ?

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Can we be taxed on corporate housing and auto rentals ?

Yes, this can be taxable income. Corporate housing and car rentals can be considered a fringe benefit which is taxable.

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Can we be taxed on corporate housing and auto rentals ?

Yes, this can be taxable income. Corporate housing and car rentals can be considered a fringe benefit which is taxable.

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

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