Which of the following is not an example of a nontaxable fringe benefit?
A)Monthly employer-provided transit benefit of $100
B)Group-term life insurance policy providing $100,000 of coverage
C)Employer-provided parking of $100 per month
D)Qualified employee discounts

Question

Quizplus · Accepted Answer

Group-term life insurance premiums paid by employers on behalf of employees over $50,000 are taxed as income to the employee. All other options listed are examples of nontaxable fringe benefits.

Which of the Following Is Not an Example of a Nontaxable