Employee Benefits. Al flies for AAA Airlines. AAA provides its employees with several fringe benefits. Al and his family are allowed to fly on a…

Employee Benefits. Al flies for AAA Airlines. AAA provides its employees with severalfringe benefits. Al and his family are allowed to fly on a space-available basis on AAAAirline. Tickets used by Al and his family during the year are worth $2,000. AAA paid fora subscription to two magazines published for pilots. The subscriptions totaled $80. Theairline paid for Al’s meals and lodging while he was away from home overnight in connectionwith his job. Such meals and lodging cost AAA $10,000. Although Al could not eatwhile flying, he was allowed to drink coffee provided by the airline. The coffee was worthabout $50. AAA provided Al with free parking, which is valued at $100 per month. Theairline treated Al and his family to a one-week all-expenses-paid vacation at a resort nearhis home. This benefit was awarded because of Al’s outstanding safety record. The valueof the vacation was $2,300. Which of these benefits are taxable to Al?

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now