I believe it’s called a fringe benefit. I’m not spending the money, the company is and then assessing the fair market value. But it is included in my gross income. When I retire, I would not spend money on this.
So yeah, if I calculated spending using the formula mentioned, then there would definitely be a significant gap between the annual spending calculated that way compared to the method I used.
So yeah, if I calculated spending using the formula mentioned, then there would definitely be a significant gap between the annual spending calculated that way compared to the method I used.
Statistics: Posted by batman_ds — Sun Dec 31, 2023 2:31 am — Replies 13 — Views 1573