TN 29 (12-12)

RS 01402.085 Employer Provided Parking

Citations:

Social Security Act, Section 209 (17)

We exclude the value of employer-provided parking from wages under Social Security unless the employee receives cash instead of parking.

Example:

The employee earns $1,000 and parking is worth $100. If the employee receives the parking, credit the employee with wages of $1,000 because we exclude the value of the parking.

If the employee receives $100 instead of parking, then credit the employee with wages of $1100.00 ($1000.00 earnings plus the $100 received instead of parking).


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0301402085
RS 01402.085 - Employer Provided Parking - 12/12/2012
Batch run: 12/12/2012
Rev:12/12/2012