Required to live somewhere by employer? Deductible or not? Test tomorrow :)

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  • January 17, 2014 at 3:03 am #183069
    Anonymous
    Inactive

    If you work at a job and are required to be around 24/7 so the employer requires you to live on location can you deduct your rent and how much?

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  • January 19, 2014 at 1:16 am #504366
    Anonymous
    Inactive

    If the employer pays for your onsite housing, and it's for the convenience of the employer, the value of the housing is not included in income.

    If you pay for the housing, and it's not your home (you're living elsewhere but are paying for a hotel / living quarters to be near your job), I'd guess it's an employee expense, deductible over 2% AGI.

    January 19, 2014 at 1:16 am #504418
    Anonymous
    Inactive

    If the employer pays for your onsite housing, and it's for the convenience of the employer, the value of the housing is not included in income.

    If you pay for the housing, and it's not your home (you're living elsewhere but are paying for a hotel / living quarters to be near your job), I'd guess it's an employee expense, deductible over 2% AGI.

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