All of the following fringe benefits paid for by the employer may be excluded from an employee's gross income except

Question

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Discounts on services of 25 percent or less are considered as de minimis fringe benefits and may be excluded from an employee's gross income. However, any discounts on services greater than 25 percent are considered taxable compensation and must be included in the employee's gross income. B, C, and D are all considered qualified fringe benefits and may be excluded from an employee's gross income.

All of the Following Fringe Benefits Paid for by the Employer