Working Condition Fringe Benefit

Working Condition Fringe Benefit means:
a nontaxable fringe benefit from an employer consisting of property or services whose cost the employee could deduct if he or she had actually paid for them. Former IRC (check if this IRC provision is current here) § 132(d).

See also other Tax Terms and Definitions in U.S.A.

benefit, fringe.

Example of Working Condition Fringe Benefit:

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Ralph is employed by a law firm, which pays his annual dues to several professional organizations. Ralph is not required to include the payments for this working condition fringe benefit in gross income.