Which of the following does not qualify as a "for the convenience of the employer" nontaxable fringe benefit?
A)The fair market value of the rent of an apartment manager living on the premises.
B)An overtime meal provided to an employee while working late.
C)A meal provided by a hospital to residents during their shift.
D)A company picnic.The value of a company picnic is a nontaxable fringe benefit,but it is not a "for the convenience of the employer" benefit.

Question

Quizplus · Accepted Answer

A company picnic is a nontaxable fringe benefit, but it does not qualify as a "for the convenience of the employer" benefit. The other options listed qualify under the "for the convenience of the employer" exception to taxable fringe benefits.

Which of the Following Does Not Qualify as a "For