Qualified Employee Discount

About Qualified Employee Discount:

nontaxable income received from an employer that is derived from the line of business in which the employee works. In the case of a property discount, the employee's exclusion is limited to the gross profit component of the price to customers. In the case of a service discount, the exclusion is limited to 20% of the customer price. Former IRC (check if this IRC provision is current here) § 132(c).