Do I need to report the Becker subscription the firm gave me as income on my 1040?

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Do I need to report the creamer in my coffee at the office?

likefunnyhelpful

AS 1, you're the reason accountants and accountant-like people get a bad rap for having no personality or sense of humor

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Do I need to report dipping my pen in the company ink? The answer is no. no. no. Do a tax internship god damnit.

likefunny

Didn’t know RSM had the Dutch East India company as a client. Must be nice having the fancy pens

funnylike

I thought it was added to your w2? At least that's what Deloitte did

likesmart

If you need to report it, it is def in your W-2. No need to add.

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Guys this is actually a legit question. A Becker subscription costs $2000+ so one cannot argue this is a fringe benefit. It could be viewed as company required education and thus be tax free?

like

The firm probably already included it in your income, I know Deloitte does. If not, yes it is considered taxable income.

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Yeah I’m going to confirm with partnership taxation just to be sure. I don’t want to risk losing my CPA license for evading taxes

No, unless you want to donate tax revenue to the government.

Shouldn’t be taxable income. Treated as a reimbursable I think (auditor here)

If it was meant to be taxable it would show up on w2. That’s my stance.

Tips and advices you are getting on this thread should be quantified and valued and reported on your 1040

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