{"id":98557,"date":"2023-04-06T20:12:05","date_gmt":"2023-04-06T18:12:05","guid":{"rendered":"https:\/\/factorialhr.com\/blog\/?p=98557"},"modified":"2024-04-12T16:02:14","modified_gmt":"2024-04-12T14:02:14","slug":"imputed-income","status":"publish","type":"post","link":"https:\/\/factorialhr.com\/blog\/imputed-income\/","title":{"rendered":"What is imputed income? A guide for employers"},"content":{"rendered":"

According to a recent benefits survey by Mercer, <\/span>70% of large employers and 53% of small business leaders are planning employee benefits program enhancements for 2023<\/span>. One of the most important things to consider when you offer employee benefits is <\/span>whether they are classed as imputed income<\/b>. In other words, whether there are any <\/span>tax implications<\/b> to keep in mind.<\/span><\/p>\n

So, <\/span>what is imputed income, exactly?<\/b> Do you need to report it to the <\/span>IRS<\/b>? And what is <\/span>GTL imputed income<\/b>?<\/span><\/p>\n

These are just some of the questions we will be answering in today\u2019s <\/span>employer\u2019s guide to imputed income<\/b>.<\/span><\/p>\n

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Table of Contents<\/p>\n