555 S. Howes Street, Suite 206
Fort Collins, CO 80523-6004

Tel: (970) 491-MyHR (6947)
Fax: (970) 491-2337

Taxable Fringe Benefits

Current Employees


Fringe benefits provided to employees are considered taxable wages unless they are specifically excluded from income by a provision of the US Income Tax Code pdf icon.

Fringe benefits are considered payment "in kind." Payments in kind may be in the form of automobiles, awards, event tickets, athletic tickets, gifts, club dues, moving expenses, spousal travel, graduate assistant health contributions, and miscellaneous income.

An employer must include all fringe benefits in an employee's gross income, as they are subject to federal, Medicare and state tax withholding.

Posting of taxable income is completed based on timing of receipt of documentation by payroll.