No-additional-cost services and employee discounts must be made available to employees on a nondiscriminatory basis and must also be in the same line of business in which the employee works to be excluded from the employee's income.

Question

Quizplus · Accepted Answer

This statement is true as per the IRS regulations. No-additional-cost services and employee discounts must be available to all employees without discrimination and should be related to the line of business in which the employee works. If these conditions are met, the employees do not have to include the value of these benefits in their taxable income.

No-Additional-Cost Services and Employee Discounts Must Be Made Available to Employees