Is My Fringe Benefit Taxable Income?

Posted on January 23, 2012

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Need to know whether or not a fringe benefit is taxable income?
The Revenue Service has a handy guide to fringes, a training manual for agents that has been updated for 2012 to reflect the Service’s current views. It covers the gamut of perks…cars, per diems, education, cell phones, etc… as well as whether payroll taxes are due and how to report taxable fringes.
Go to http://www.irs.gov/pub/irs-tege/fringe_benefit_fslg.pdf to view the handbook.

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