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please help with these questionsJewel Lyman is an employee in the office of Salvaggio & Wheelers, Attorneys at Law. She received the following benefits durinJanice Lucas is the president of Miller Custom Coffee Roasters. She drives a 2018 Mercedes E300 with a fair market value of $Gwen Evans is an employee at Findley Street Financial, where she earns an annual salary of $119,500, paid semimonthly. She ha

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Answer #1

All amounts are in $

Jewel Lyman Question :

Answer is $3,480

Workings :

Medical insurance paid by employer is not liable for federal tax

Commuter pass is not taxable upto 265 per month in 2019.

Taxable commuter pass = (545-265) x 12 = 3,360

Employer paid membership to Gym is totally taxable

Taxable Gym fees = 120

Dependent care assistance of $4,500 is totally tax free

Note :

As per Chegg Guidelines, only one question needs to be answered by Chegg expert in case there are more than one question asked at a time. Please post the remaining questions separately.

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