"No additional cost" benefits are excluded from an employee's gross income if the services are the same type that are sold to customers and in the line of business in which the employee works.

Name: "No additional cost" benefits are excluded from an employee's gross income if the services are the same type that are sold to customers and in the line of business in which the employee works.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true according to the IRS definition of "no additional cost" benefits.

"No Additional Cost" Benefits Are Excluded from an Employee's Gross