What Is Imputed Income? | Payroll Definition and Examples
Patriot Software
MARCH 13, 2019
As an employer, you are likely familiar with reporting regular wages and taxes withheld on Form W-2. Imputed income is adding value to cash or non-cash employee compensation to accurately withhold employment and income taxes. Employers must add imputed income to an employee’s gross wages to accurately withhold employment taxes.
46 
Let's personalize your content