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Showing content with the highest reputation on 11/30/2015 in all forums
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I want YOUR job!3 points
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Assuming that the DP is not the employee's tax dependent, I believe the IRS has spoken on this and measures the imputed income on the basis of the value of the coverage for the DP, not the cost of the coverage. Whether that is right or wrong is kind of beside the point, as the employee's employer is either going to report some amount as taxable on the W-2 or not.1 point
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