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Jillian has just accepted an offer from accounting firm for a full-time position after completion of ...

Jillian has just accepted an offer from accounting firm for a full-time position after completion of her master's degree. In addition to paying a high salary and premiums on the basic health insurance policy, the firm will pay the benefits listed below. Which of the following benefits can be excluded (assume the benefits are provided on a non-discriminatory basis to all employees)?

▸ season's tickets for the local professional baseball team

▸ repayment of $1,500 of employee student loans; payment is made directly to the lender

▸ payment of eyecare coverage

▸ All of these are excluded.

Textbook

Federal Taxation 2017 Individuals

Edition: 30^th

Authors: Pope, Rupert, Anderson

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You make an excellent tutor!

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