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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 20: Gross Income: Exclusions
  5. Question
    The Fair Value of Lodging Cannot Be Excluded from Gross
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The Fair Value of Lodging Cannot Be Excluded from Gross

Question 12

Question 12

True/False

The fair value of lodging cannot be excluded from gross income unless the employee is required to accept the lodging as a condition of employment.

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