Page 38 - Wages, Salaries and Other Earnings
P. 38
Form W-2
W-2
Your employer must include all taxable
fringe benefits in box 1 of Form W-2 as
wages, tips, and other compensation
and, if applicable, in boxes 3 and 5 as
social security and Medicare wages.
Although not required, your employer $
may include the total value of fringe
benefits in box 14 (or on a separate
statement).
However, if your employer provided you
with a vehicle and included 100% of its
annual lease value in your income, the
employer must separately report this
value to you in box 14 (or on a separate
statement).