Multiple Choice
Which of the following is not a requirement of a "qualified employee discount"?
A) The discount relates to goods or services of the employer.
B) The discount on services doesn't exceed 20 percent of the price offered to customers.
C) The discount can be elected up to five times annually.
D) The employee discount on goods is not greater than employer's average gross profit.
Correct Answer:

Verified
Correct Answer:
Verified
Q86: When stock options are exercised, they are
Q87: Taxable fringe benefits include automobile allowances, gym
Q88: Up to $10,000 of dependent care expenses
Q89: Tom recently received 2,180 shares of restricted
Q90: Stevie recently received 1,000 shares of restricted
Q92: Jane is an employee of Rohrs Golf
Q93: Which of the following is not an
Q94: Rachel receives employer-provided health insurance. The employer's
Q95: Lara, a single taxpayer with a 32
Q96: A section 83(b)election freezes the value of