Taxable Fringe Benefits

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FBCMoyock
Posts: 74
Joined: Fri Nov 06, 2009 9:28 am

Taxable Fringe Benefits

Post by FBCMoyock »

Is there a way to track taxable fringe benefits? Some examples are:
Group Term Insurance over $50,000. The IRS has a formula and the value must be added to the individuals pay.
Personal Use of Business Vehicle using Lease Value or Commuting Rule

I know it can be added at the end of the year to the W2, but I would like to be able to track it each month so I can report it each quarter on the 941.

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