Cardo works in a private company. he received de minimis benefit during the taxable year. How much is the total non taxable de minimis benefit? Monetized unused vacation leave-12,50 Rice allowanace-35,000 Uniform allowance-7,000 Laundry allowance-5,000

Cardo works in a private company. he received de minimis benefit during the taxable year. How much is the total non taxable de minimis benefit? Monetized unused vacation leave-12,50 Rice allowanace-35,000 Uniform allowance-7,000 Laundry allowance-5,000

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter10: Deduct Ions And Losses: Certain Itemized Deduct Ions

Section: Chapter Questions

Problem 28P

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Cardo works in a private company. he received de minimis benefit during the taxable year. How much is the total non taxable de minimis benefit?

Monetized unused vacation leave-12,50

Rice allowanace-35,000

Uniform allowance-7,000

Laundry allowance-5,000

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