Employee Income

by Lori Buchter
(Visalia, CA USA)

Our church employees receive a discounted rate for their children enrolled in our Preschool (2 - 4 years old).

Is the difference in the discounted rated declared as income for tax purposes?

Does a preschool fall under section 170(b)(1)(a)(ii) of the tax code?

Should the this be reported on the employee's W2?

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