Employer-provided housing/lodging includes ... - California

The difference between the FMV of employer-provided housing/lodging and the monthly rent paid by the employee/reimbursement amount is reportable taxable income and must be included in the employee’s gross income. Note: California law defines gross income the same as the federal law (IRS Regulation section 1.61-21[b], Valuation of Fringe ... ................
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