Anthony is a marine biologist who spends months living on a boat in the ocean studying the impact of runoff water a hundred miles off the coast as a part of his job. Which of the following sentences is the most accurate?

Question

Quizplus · Accepted Answer

Lodging is usually not excluded from income, so option A is incorrect. However, since Anthony's job requires him to live on a boat, he may be able to exclude the value of meals and lodging from his income as a qualified transportation fringe benefit. Additionally, the fuel used to power the boat may be excluded from his income as a working condition fringe benefit. Therefore, options B and C are both potentially correct, making option D the most accurate choice.

Anthony Is a Marine Biologist Who Spends Months Living on a Boat