Page 3 - Employers Tax Guide to Fringe Benefits

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Contents
Department of the Treasury Schema: tipx Leadpct: 100% Pt. size: 10 13:43 - 26-Dec-2019
Internal Revenue Service
What's New . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Publication 15-B Reminders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Cat. No. 29744N Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Employer's 1. Fringe Benefit Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5
2. Fringe Benefit Exclusion Rules
Tax Guide to Accident and Health Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 7 8
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Achievement Awards .
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Adoption Assistance .
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Fringe Athletic Facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 9
De Minimis (Minimal) Benefits .
9
Benefits Dependent Care Assistance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
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Educational Assistance .
11
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Employee Discounts .
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For use in 2020 Employee Stock Options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
12
Employer-Provided Cell Phones
Group-Term Life Insurance Coverage
Health Savings Accounts . . . . . . . . . . . . . . . . . . . . . . . . . 13
15
Lodging on Your Business Premises . . . . . . . . . 16
Meals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
No-Additional-Cost Services . . . . . . . . . . . . . . . 19
Retirement Planning Services . . . . . . . . . . . . . . 20
Transportation (Commuting) Benefits . . . . . . . . . 20
Tuition Reduction . . . . . . . . . . . . . . . . . . . . . . . 22
Working Condition Benefits . . . . . . . . . . . . . . . . 22
3. Fringe Benefit Valuation Rules . . . . . . . . . . . . . 24
General Valuation Rule . . . . . . . . . . . . . . . . . . . 24
Cents-Per-Mile Rule . . . . . . . . . . . . . . . . . . . . . 25
Commuting Rule . . . . . . . . . . . . . . . . . . . . . . . . 26
Lease Value Rule . . . . . . . . . . . . . . . . . . . . . . . 26
Unsafe Conditions Commuting Rule . . . . . . . . . . 29
4. Rules for Withholding, Depositing, and
Reporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
How To Get Tax Help . . . . . . . . . . . . . . . . . . . . . . 31
Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

Future Developments

For the latest information about developments related to
Pub. 15-B, such as legislation enacted after it was
published, go to IRS.gov/Pub15B.

What's New

Get forms and other information faster and easier at: Cents-per-mile rule. The business mileage rate for 2020
• IRS.gov (English) • IRS.gov/Korean (한국어) is 57.5 cents per mile. You may use this rate to reimburse
• IRS.gov/Spanish (Español) • IRS.gov/Russian (Pусский)
• IRS.gov/Chinese (中文) • IRS.gov/Vietnamese (TiếngViệt) an employee for business use of a personal vehicle, and
under certain conditions, you may use the rate under the
cents-per-mile rule to value the personal use of a vehicle

Dec 26, 2019